If aging baby boomers were suddenly transported back to the 1950s and had to retire in that era, chances are very good chance they'd feel very deprived. The numbers show that retirees in the '50s had substantially fewer financial resources compared to today's retirees. Yet the stories about retirees from that time show they lived their lives to the best of their abilities without feeling shortchanged.
What can we learn? Let's take a look.