Baby Boomers Count Down to Retirement
U.S. Newswire, January, 2007
To: NATIONAL EDITORS
Contact: Alvina McHale, Financial Management Service, of U.S. Department of the Treasury, +1-202-874-6604
WASHINGTON, Jan. 3 /PRNewswire/ -- As America's oldest baby boomers startcounting down to retirement, a new government survey shows they are on theupswing in terms of financial savvy -- nearly twice as likely as today'sseniors to bank and pay bills online. Yet despite their financialsophistication, one in four boomers still gets paid with old-fashioned paperchecks, a trend that's particularly entrenched with those closest toretirement age (51-60 years old).
The national ...
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