Financial services institutions may be focusing a lot of attention on Millennials, but Boomers are still a very influential group. According to the US Bureau of Labor Statistics’ Consumer Expenditure Survey, Boomers earn an estimated $2.4 trillion each year. This report examines how the Boomers feel about retirement: how much they have saved for it; their plans for how to live it; and their major concerns about retirement life.
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Overview
Overview
This report provides in-depth analysis and insight supported by a range of data. At the same time, introductory and top-level content is provided to give you an overview of the issues covered.
Executive Summary
Market
Market
Mintel provides a range of market information, frequently through the category level, including market size and forecasting, complete with market drivers that illustrate the forces that shape a category or market.
The Market – What You Need to Know
Market Size
Market Breakdown
Market Factors
Key Players – What You Need to Know
What’s In?
What’s Struggling?
What’s Next?
Consumer
Consumer
Mintel's proprietary consumer research provides our analysts with the attitudinal and behavioral data used to provide valuable insight to topical issues.
The Consumer – What You Need to Know
Retirement Status
At What Age Do Boomers Retire?
Concerns about Retirement Life
Type of Retirement Account(s) Owned
Amount of Retirement Savings
Plans for Retirement
Managing Money
Factors Affecting Retirement Income
Attitudes toward Retirement
Data
Data
Reports provide appendices of data to support the research and insight produced. Our tables of data are easily manipulated and downloadable to support your research needs and covers factors from consumer attitudes to market forecasts.
Appendix – Data Sources and Abbreviations
29th July 2016
"The rules surrounding Social Security are complicated and too many people make mistakes when filing for benefits because they don't know or understand the rules. With Baby Boomers retiring, there is an increased need for advice - whether digital or human - to help them make the decisions that would provide ... 
14th March 2016
"Baby Boomers are notoriously uncomfortable about the amount they have saved for retirement. Vanguard's Personal Advisor Services combines the convenience of an online financial management tool with the personalized assistance they need to help them be in the financial position to enjoy their retirement."
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Many haven't saved enough and they know it
