There are 78 million baby boomers and a very large number of them have retirement on their minds. If the past is a guide, more than 80 percent of them will retire before they become eligible for Medicare (at age 65).

Although about one-third of U.S. workers have a promise of post-retirement healthcare from an employer, almost none of these promises are funded and, as is the case of the automobile companies, are likely to be broken in whole or in part. Read More»