A new report from the AARP, "The State of 50+ America," shows that over the past 10 years, life for baby boomers and their parents has generally improved although there are some striking vulnerabilities.

In a first of its kind report, the AARP points out that Americans aged 50 to 64 improved on every economic measure over the decade while older individuals (65+) improved on most measures, except that their share of income from sources other than Social Security declined, and their employment rate and self-reported health status also decreased.

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