Baby Boomers' confidence in their ability to retire has continued its downward slide, dropping from 44 percent in 2011 to 37 percent this year.
According to the Insured Retirement Institute's third annual report on Boomers' retirement expectations, 61 percent of Boomers do not see their financial situation improving in the next five years.
The IRI is a not-for-profit organization that serves the insured retirement industry.
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