Retirement conditions more challenging for late baby boomers, later generations

By Kathleen Steele Gaivin Source: McKnights Senior Living Late baby boomers, those born between 1955 and 1964, and younger workers face retiring “under much worse conditions” than the early baby boomers, who were born between 1946 and 1954, according to a new report from the Schwartz Center for Economic Policy Analysis. That reality has implications for long-term care providers. The report’s description of late baby boomers overlaps social commentator, entrepreneur and business and political adviser Jonathan Pontell’s definition of [...]

2025-07-15T15:46:24-07:00July 15th, 2025|Categories: Retirement|Tags: , |

Baby boomers more pessimistic about future generations’ retirement outlook

By Margarida Correia Source: Pensions & Investments Baby boomers are not optimistic about the retirement prospects of future generations, according to a survey released Thursday by non-profit Transamerica Center for Retirement Studies. More than half, 55%, believe that future retirees will be worse off than those currently in retirement, the survey found. The pessimism eased among younger workers. Only 28% of Generation Z and 33% of millennials saw future retirees as being worse off. A little more than half [...]

2023-07-06T11:08:41-07:00July 6th, 2023|Categories: Retirement|Tags: , , , |
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