Key Findings from Metlife 2017

-More than half (52%) of oldest Boomers (and their spouses) have fully retired, up from 19% in 2007 and 45% in 2011.
-86% of the oldest Boomers are currently collecting Social Security benefits- of those, 43% started collecting earlier than expected.
-Most are now empty nesters, but have more grandchildren (average of 4.8 up from 2.6 in 2008); 13% are caring for parents or relatives.
-The majority (82%) rate their health as good to excellent. They won’t view themselves as “old” until they reach the average age of 78.5.
-More than half of the oldest Boomers feel their generation is leaving a positive legacy for future generations.

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