“A separate study by John Karl Scholz, an economist at the University of Wisconsin, Madison, and two other researchers found more than 80 percent of households headed by Americans born between 1931 and 1941 have accumulated their optimal wealth targets for retirement.”
This may be true for people in my parents’ age group.
But this is not true for boomers –those born after the end of WW2—-through the early 1960s who are the largest group heading for retirement.
