The economy may be on the mend following the Great Recession, but Baby Boomers' retirement confidence is floundering, according to a study released Monday by the Insured Retirement Institute.
Only one-third of the 800 respondents said they had saved enough to retire comfortably, and just 35 percent expressed confidence in their financial preparation for retirement.
That compares with 34 percent and 37 percent, respectively, a year ago.
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