Gen X
CRR Weighs In on Social Security Solvency
A recent post on 401kspecialistmag.com by Editor-in-Chief Brian Anderson analyzes comments from Center for Retirement Research at Boston College Director Alicia H. Munnell concerning the urgent need for corrective attention to address the looming Social Security solvency problem. Referring to…
Is Gen X the broke generation?
In a recent survey of individuals born between 1965 and 1980, Gen Xers found 56 percent of them said they have less than $100,000 saved for retirement, and 22 percent said they have no retirement savings. Almost two-thirds of the…
Survey Points to Concerns Over Social Security’s Future
A survey conducted last month by Allianz Life Insurance Company of North America confirms what many are waking up to: Americans have a diminishing hope for Social Security’s role in their retirment financing plans. No real surprise there, since for…
A Generation-by-Generation Analysis of Beneficiaries’ Expectations
The drums are beating loudly these days on the issue of Social Security’s long-term financial future, with a steady stream of pundits weighing in on what’s likely to happen. But aside from the constant flow of articles posing suggestions for…
The Growing State of Apprehension About Retirement
In the midst of growing accounts of Social Security’s rapidly evolving reserve fund depletion, there’s a curious mindset developing with respect to how future retirees view their post-career financing picture. To be specific, Financial Advisor IQ’s Alex Padalka, in a…
Many GenXers & Millenials Not Counting on Social Security
PGIM Investments is out with survey results on what Millenials (born 1981-1996) and Generation X (born 1960-1980) think about Social Security, retirement saving, and work. Just 70% of Gen Xers and 51% of Millennials expect Social Security benefits when they retire. Alarmingly, one-third…
Gen X and Social Security: A Changing Landscape
A recent MetLife study, titled “Study on Gen X: The MTV Generation Moves Into Midlife,” concluded that the population group referred to as Generation X (those with birth years ranging from the early-to-mid 1960s to the early 1980s) have come to understand…
Retirement Financing is not the Only Worry for GEN-Xers
Generation X, the population cohort just before MIllennials, have concerns about retirement security, but that’s not all they worry about. According to a study by the Insured Retirement Institute, there are three topics that also weigh heavily on the minds of…