Some of the youngest baby boomers are facing increasing financial uncertainty, especially due to lingering fallout from the 2008 recession, per a new report.
Some of the youngest baby boomers, born closer to the presidency of John F. Kennedy than to World War II, are facing increasing financial uncertainty, especially after the 2008 recession, per a new report. Baby boomers, one of America's most recognizable and influential generations, include people born between 1946 and 1964, according to the U.S. Census Bureau. However, the youngest boomers are the ones who are facing the most financial difficulties as they enter retirement age.
MOST BABY BOOMERS HEADING TOWARD RETIREMENT HAVE LITTLE SAVED: STUDY Some boomers struggle with the thought of asking their children to help support them financially. "I always felt I was the one that would have to be the provider, never looked at years down the road where they would have to do for me," 60-year-old Keith Seawell, who has four children, said.
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