As Generation X approaches retirement, reality still bites
4 months ago

As Generation X approaches retirement, reality still bites

Live Mint  

The oldest members of Gen X are turning 60 next year. Goldman Sachs Asset Management in a recent report called Gen X the “‘401 experiment’ generation." Gen Xers between 45 and 54 years old had a median account balance of roughly $60,000 in defined-contribution retirement plans at Vanguard Group in 2023, according to the firm. “I’m grateful for the 401, but there’s no guarantees as well," he said, estimating his household retirement savings at a little over $1 million. “After that, I don’t know how many Gen Xers trusted that system."

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History of this topic

Gen-Z adults ‘more likely than Millennials to have a five-year financial plan’
1 month ago

Gen-Z adults ‘more likely than Millennials to have a five-year financial plan’

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Six in 10 Gen-Z savers born after 1996 said …

Gen Z set to overtake Boomers in the US workforce by next year, but Millennials - or the 'avocado toast generation' - will dominate until 2040s
1 year, 1 month ago

Gen Z set to overtake Boomers in the US workforce by next year, but Millennials - or the 'avocado toast generation' - will dominate until 2040s

Daily Mail  

Millennials are now still expected to remain on top until 2040 Members of Generation Z are set to to work more full-time jobs than Baby Boomers by early 2024, a study has found. Generation Z is set to overtake Baby Boomers in the workforce by early 2024, according to US Census Bureau data analysed by Glassdoor Millennials are still expected …

Gen X workers want different benefits. Companies are answering the call.
1 year, 1 month ago

Gen X workers want different benefits. Companies are answering the call.

BBC  

Gen X workers want different benefits. "The benefits of providing these services go beyond economics," says Peter Bamberger, a professor at the Coller School of Management at Tel Aviv University, and the president elect of the Academy of Management. "It's likely that many of our employees will experience menopause while working here, and we want them to have easy access …

In the war between millennials and baby boomers we have forgotten about the work-hard, play-hard Generation X
4 years, 3 months ago

In the war between millennials and baby boomers we have forgotten about the work-hard, play-hard Generation X

The Independent  

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