Retirees or soon-to-be retirees who were counting on skimming the fat off of investments and savings realize the importance of diversifying. As interest rates have declined, those of the baby boomer generation (born 1946 - 1964), are looking for multiple ways to boost retirement income.

According to The Center's research, 40 percent of respondents now expect to work longer and retire at an<div>older age since the recession began.