Boomers Still Living for Today

Because they are older, Boomers must be more diligent about saving for their retirement, right? Wrong. According to a TD Ameritrade survey of working Americans, 25 percent of Millennials and 23 percent of Gen Xers are currently paying into both their 401(k)/403(b) plans and their IRAs—versus only 16 percent of Boomers. When they reach age 50, Boomers ar…