As of 2009, some 51% of households were at risk of being unable to maintain their pre-retirement standard of living at age 65, according to the report “The National Retirement Risk Index, After the Crash.” Some 41% of early baby boomers, 48% of later boomers and 56% of Gen Xers were at risk, the report said. Everything can’t be blamed on the financial crisis. The report noted that 37% of early boomer and 43% of late boomer households were at risk in 2007.  “The gist of this whole story is that retirement ages are increasing as people live longer and health care costs rise, and at the same time the retirement system is retracting,” said Alicia Munnell, director of the Center for Retirement Research at Boston College. 

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