Retirement

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Economic bust takes wind out of LI baby boomers' sails

For most of their lives, they were called the baby boomers, the generation that came of age during America's postwar affluence with personal expectations as high as the moon.

But now, many aging boomers from Long Island and around the nation have seen their net worth plummet by nearly half because of the Wall Street collapse and declining housing prices, putting a strain on plans to retire...

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