Baby Boomers are increasingly optimistic about working until they're 70; however, they may face health or job-related obstacles that prevent them from doing so.
Many Boomers harbor misconceptions about Social Security, expecting it to provide sufficient income, while the reality is often a fraction of their expectations.
Despite nearing retirement, a significant number of Baby Boomers lack the necessary savings to sustain themselves, leading to financial insecurity as they age.
The tendency to plan for extended work life reflects a disconnect between Boomers' aspirations and the harsh realities of retirement readiness.
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