• 20% plan to work as long as they are able; 28% plan to scale back or work part time; 29% will pursue personal interests, such as charity work
• 56% believe they have enough funds to retire comfortably; 19% feel they need to increase their retirement savings; 10% believe they need to increase their current income in order to save more for retirement
• 37% have gained most financial security for equity in their home or other real estate; 29% from money invested in the stock market
• 19% regret not investing or saving enough
• 38% plan to invest more conservatively in order to preserve what they have; 24% plan to accumulate more wealth in order to have a better retirement

• 94% of respondents with children plan to help them financially: 60% plan to pay for all or part of their children's education; 43% plan to help children with down payments on homes; 35% plan to help finance their grandchildren's education; 20% plan to help their children repay loans
• 39% have less than $1 million saved for retirement; 29% have between $1 million and $3 million saved; 12% have more than $3 million

Baby Boomers, as a group, are naïve about the amount of money it takes to sustain the lifestyle to which they've become accustomed. Baby Boomers are significantly over-estimating what their portfolios can produce for the rest of their lives. It's all about sustainability.

These Boomers are generally unrealistic about their capacity. They think they can have and do it all in retirement. The reality is most can't retire and buy a vacation home and be as generous to their children as they want to be. What the 1960's were about was living without limits or boundaries. That philosophy is showing up as Baby Boomers approach old age. This is an entire generation that has grown up without limits and boundaries for themselves and their children.