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Retirement Planning and the “Adulting” Effect
In a post on the American Society of Pension Professionals & Actuaries (ASPPA), contributor John Iekel offers insights into the status of retirement preparation among young adults between the ages of 18 and 42 — adult children who hail from Generation Z and the Millennials—noting that the majority of their parents report provide financial assistance as they cope with today’s economic reality. Using survey results from retirementinvestments.com, Lekel cites the perceived difficulties of saving for retirement, along with the fact that “(y)ounger generations’ awareness of retirement funds and vehicles could use some help.” Read this insightful post