Baby Boomers Likely to Retire Later

Almost 80 million baby boomers will be eligible to receive Social Security benefits in the next 20 years, setting off fears that the Social Security system will be overwhelmed. But baby boomers are expected to bring a different approach to old age by working longer than prior generations.

Walker Smith, president of consumer research firm Yankelovich's Monitor division and co-author of a new study on baby boomers and retirement, speaks with Steve Inskeep.