Thirty-two years after Reality Bites turned Gen X slackerdom into a movie poster, the generation’s retirement math has caught up with the title. Just 49% of Gen X savers say they’re on track or ahead for retirement, down from 58% a year ago, according to the 2026 Goldman Sachs Asset Management Retirement Survey & Insights
The stock market has been hot but the job market has been cool, potentially leading some older workers to simply head for the exits sooner than they expected. Friday’s jobs data showed that the overall labor force participation rate ticked down to 61.4% in July, the lowest since early 2021 when the economy was still
Baby boomers are sitting on immense wealth after benefiting from a historic era of economic growth and financial gains, but heirs shouldn’t get their hopes up too much. Estimates of the so-called Great Wealth Transfer vary, reaching as high as $124 trillion. A report last month from Visa Business and Economic Insights put the number at
