Will Boomers Go Broke In Retirement

The following link is for a video on The Globe and Mail's website that clearly indicates that most baby boomers have not saved enough for retirement - nowhere close in fact. These likely means that a) they will continue working (much) longer than they might like and; b) there will be more bankruptcies and consumer proposals filed by seniors in the years to come. In fact, filings by those over 55 are growing at a rate faster than any other demographic. http://www.theglobeandmail.com/globe-investor/inside-the-market/market-view-video/video-market-view-will-boomers-go-broke-in-retirement/article13996852/