gen-x

Gen X Is Getting Ready To Retire, But Their Savings Are Significantly Lower Than Recommended

By Alexandra Blogier Source: Your Tango Yet again, Gen Xers are left to fend for themselves. Gen Xers pride themselves on being independent and self-sufficient. However, this generation of latchkey kids, who were born between 1965 and 1980, is now facing a future in which they could benefit from community support. Many Gen Xers are getting ready to retire, but their savings are significantly lower than the recommended amount. Gen Xers have 5 to 15 years left before they hit [...]

joey2024-08-16T13:12:32-07:00August 15th, 2024|Categories: Retirement|Tags: gen-x, nirs, retirement|

Gen Xers Profess Low Retirement Confidence, Concerns About Guaranteed Income

By Remi Samuels Source: Plan Sponsor Generation X employees, more than those of any other generation, are worried about their retirement savings lasting throughout their lifetime and worry they cannot rely on Social Security according to research from the Insured Retirement Institute. Gen Xers, between the ages of 41 and 56, are significantly less likely to expect retirement income from a public or private pension than Baby Boomers or current retirees, IRI found, and many believe they will [...]

CORPaTH2023-07-18T11:54:49-07:00July 7th, 2023|Categories: Retirement|Tags: gen-x, Insured Retirement Institute|

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 [...]

CORPaTH2023-07-06T11:08:41-07:00July 6th, 2023|Categories: Retirement|Tags: Baby Boomers, gen z, gen-x, Millennials|