A Bad Downturn for Pre-Retirees

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For Americans age 65-plus, the current downturn “has been a kinder, gentler recession — relatively speaking.” So says a Pew Research Center Social & Demographic Trends study released last month. The economy has given its worst beating to the “threshold generation” — the 50-64-year-olds who are near retirement age but have seen their investments falter even as their job security fades.

In polling fielded in April, 38 percent of those 65-plus said the recession “has caused stress” in their family, vs.

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