Chapter 6, Page 53
The message is that older boomer women will face the biggest challenge of their lives as they retire. Dallas L. Salisbury, President and CEO, Employee Benefit Research Institute
In his article Retiring by 65: Pipe Dream for Older Boomer Women? Dallas Salisbury reviews recent research concerning the retirement security prospects of older baby boomer women. He examines the interrelated demographic and socioeconomic factors contributing to the disquieting prospect that older boomer women will face the biggest challenge of their lives as they retire. His findings suggest that unless national policies and individual consumption/savings patterns are changed, a significant number of boomer women, especially single women, will not be able to retire at 65 and meet their basic living expenses.