Tag: Baby Boomers

Because people are living longer, healthier lives, the Wells Fargo Investment Institute has suggested different ways that Millennials, Generation X...

However, among all age groups, the most frequently cited retirement fear is outliving savings.

Both groups have saved or are on track to save $700,000 or less; however, Boomers think that is adequate savings,...

By comparison, the majority of mutual fund investing for Baby Boomers is outside of an employer-sponsored retirement plan, Investment Company...

However, 82% of Millennials say their financial planning needs improvement.

However, 20% said they do not understand the process for withdrawing money from their 401(k) in retirement, according to a...

They also value financial planning more than a bonus.

More than one-quarter of Millennials have more than $100,000 in retirement savings, with an average of 30 to 35 years...

Sixty-five percent have not budgeted for unforeseen health-related expenses.

However, 45% said they do not know how to select a retirement income product, according to a survey by fixed...

However, researchers say their outcome could possibly improve, given the fact that they still have a long time horizon to...

A study shows consumers might not understand health savings accounts as well as they believe.

A recent survey found that across generations, investors are almost equally concerned that their returns won’t secure adequate retirement savings.

Baby Boomers are adopting better financial habits, but Millennials may be overconfident in theirs, a study by Allianz finds.