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<p>In this photo taken Dec. 8, Mike Vanatta sits in the sunroom of his Vero Beach, Fla. home working on one of his blogs. Vanatta, 61, is paying the price for being a baby boomer who enjoyed life without saving for the future.</p>

Stories this photo appears in:

Boomers near 65 with retirements in jeopardy
December 28, 2010 8 p.m.

Boomers near 65 with retirements in jeopardy

Crisis looms because boomers did not save effectively, retired early

CHICAGO - Through a combination of procrastination and bad timing, many baby boomers are facing a personal finance disaster just as they're hoping to retire.