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A Look at the Financial State of Gen X and Gen Y (PDF)
American Savings Education Council; AARP; via EBRI
Aug. 7, 2008 Excerpt: "One striking finding of this research is that many young adults have yet to align their actions with their financial values and goals. These young adults feel that they should be saving more, both in general and specifically for retirement. For example, they place high importance on workplace benefits, especially health insurance and retirement savings plans. Overwhelmingly, however, the majority believe they are not currently saving as much as they should. People in these younger generations tend to feel that assuming adult responsibilities, like purchasing a home and supporting a family, is more difficult for them than it was for prior generations." [Mar. 2008] MORE >> |
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