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Boomers Express Need for Social Security Counseling
Maybe its a simple matter of chronological proximity, but a survey conducted in February by Massachusetts Mutual Life Insurance Co. indicated that Baby Boomers have a stronger interest in Social Security counseling than close in the Millennial age cohort (birthdates in the early 1980s to the mid-1990s-early 2000s). Conversely, the study found that Millennial’s paid more attention to the benefits of employer-organized financial-planning services, perhaps recognizing the long-term challenges of amassing cash for future retirement. The survey also concluded that the distribution of feelings across age groupings is not equally distributed across income levels. Read an analysis of the study posted by Human Resource Executive managing editor Jennifer Colletta at hreonline.com.