EASE INTO A SECURE RETIREMENT. (cover story)

The article discusses approaches to retirement saving for the baby boom generation. Examining traditional retirement models and established advice, the author finds that baby boomers will likely run out of money in retirement unless they adopt new strategies. One such strategy involves prioritizing expenses, another involves diversifying predictable income sources like bonds, Certificate Deposit accounts (CDs), and rental income. The article also suggests future retirees consider working later into their lives, carefully consider when they begin drawing social security benefits, and prepare by practicing retirement. INSET: Make the Most of Social Security.