Boomers at retirement facing tough choices

"In July, the oldest of baby boomers will turn 59 1/2, that magical age when they can tap tax-deferred retirement accounts without penalty.
This means that after decades of accumulating assets -- let's hope -- boomers are nearing the time they'll retire and begin to spend down assets. The financial decisions at this juncture can be just as tough as when they were younger, but the consequences are far more serious."


Boomers at retirement facing tough choices