However, 82% of Millennials say their financial planning needs improvement.
Tag: Gen X
More than one-third of Gen Xers say they have no money at all saved for retirement, and 29% expect Social Security to be their primary source of retirement income.
The top three retirement risks Gen Xers are most concerned about are changes to Social Security, high health care costs and running out of money.
A recent survey found that across generations, investors are almost equally concerned that their returns won’t secure adequate retirement savings.