With more debt than that of previous generations, baby boomers are having to get by with less when retirement rolls around. In fact people ages 65 to 74 have saved 32% less in the past decade and have piled on five times the debt. This follows on the heels of the financial crisis, where many faced unemployment, pay cuts and a decline in the value of their homes. Everyday obligations, medical bills and college tuition debt left over from sending their kids to college drove many boomers to … [Read more...]