Fact checked by Betsy Petrick PeopleImages / Getty Images Although it’s harder to catch up late, you can still take meaningful steps to improve your retirement readiness. Key Takeaways Compared to other generations, baby boomers are the least prepared for retirement. Only 40% of boomers are on track to maintain their current lifestyle in retirement. This lack of retirement readiness is due to limited early access to retirement plans, like 401(k)s and less time to recover from under-saving. When y ...