Here’s how much the average working baby boomer has saved for retirement — how do your savings stack up?

With the youngest baby boomers now 61, much of the generation is already retired or nearing retirement. However, data shows many have inadequate savings and may struggle to maintain their standard of living. In fact, some boomers have saved so little that younger Americans could surpass them with just a few years of disciplined saving and investing. Here’s a closer look at the boomers’ financial state — and what it takes to get ahead on the path to financial freedom. Must Read Most boomers fall short ...