CANADA'S BOOMERS LARGELY LACK RETIREMENT PLANS - BMO

*Fewer than half surveyed have retirement income strategy

*Just 33 pct considered chance of outliving their savings

*Fewer than half had plan to pay for unexpected events

TORONTO, June 9 (Reuters) - Canada's baby boomers are generally ill prepared to pay for retirement living, with few having considered the possibility that they could outlive their savings, a study by Bank of Montreal said on Wednesday.

Read entire article:

http://www.reuters.com/article/idUSN1524415920100615

Reuters
June 9, 2010
Reporting by John McCrank
Editing by Peter Galloway