7 07, 2023

Gen Xers Profess Low Retirement Confidence, Concerns About Guaranteed Income

2023-07-18T11:54:49-07:00July 7th, 2023|Categories: Retirement|Tags: , |

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 [...]

6 07, 2023

Baby boomers more pessimistic about future generations’ retirement outlook

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

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 [...]

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