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Left Reeling

Economic uncertainties and the full weight of a bear market have many Americans reeling. The squeeze is on for workers: They can't borrow against their homes (that is, those who still have homes). Their credit card limits are being lowered. Yet, the need to save aggressively for retirement has never been greater especially for baby boomers. Here are the high and low points of 2008 regarding retirement
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Economic uncertainties and the full weight of a bear market have many Americans reeling. The squeeze is on for workers: They can't borrow against their homes (that is, those who still have homes). Their credit card limits are being lowered. Yet, the need to save aggressively for retirement has never been greater — especially for baby boomers.

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