Redefining Retirement: Changing Financial Approaches

Fewer Americans today envision living out their golden years playing bingo and golf. In fact, according to a recent study, more than half of the 55 and older crowd are struggling to retire. As baby boomers reach retirement age, many are facing diminished 401(k)s, dwindling entitlements and growing medical bills.

The Fronteras Changing America Desk is exploring the idea of how retirement is being redefined in an ongoing series. From Prescott, Laurel Morales has the first installment.