Longevity is challenging people to reimagine their later years. One age cohort is 'carrying the most stress and burden,' research finds

Individuals between the ages of 40 and 59, known as Gen X and younger baby boomers, experience the most stress and struggle with managing the concept of longevity, making it crucial for them to start planning for their future and seek guidance from financial advisors, according to research from Transamerica and the Massachusetts Institute of Technology AgeLab.

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8/24/2023

Canadian Millennials Are Failing To Keep Up, Putting The Economy At Risk: RBC - Better Dwelling

Canadian Millennials are struggling financially compared to previous generations, with higher levels of debt, stagnant incomes, and less disposable income, which could amplify the impact of an economic downturn, while Boomers are faring much better.

9/9/2023

Boomer Housing Needs Drive Today's Shortage As They Age Into More, Smaller Households

The aging population, particularly the baby boomer generation, is fueling the demand for housing, creating a shortage and making it more difficult for younger generations, like millennials, to buy homes.

9/9/2023

Gen Z More Optimistic About Homeownership Than Millennials Despite High Prices

Gen Z is more optimistic about homeownership than millennials, with a lower percentage believing it will be impossible in their lifetime, and while both generations face barriers to homeownership such as high home costs and student loan debt, Gen Z is doing a better job of saving and has a slightly higher rate of homeownership compared to millennials and Gen X at their age.

9/16/2023

Younger Generations Worry Boomers' Choices Left Them Financially 'Stuck'

Millennials and Gen Zers are concerned about the financial impact of baby boomers, as they believe the older generations' choices have contributed to their current financial struggles, including high student debt and difficulty affording housing, while boomers hold a majority of the nation's wealth.

9/21/2023

Fed Policies That Benefited Baby Boomers Now Squeeze Younger Generations

Baby boomers have benefited greatly from the Federal Reserve's policies, earning high returns on their investments while younger generations suffer from inflation and high costs.

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Posted 8/24/2023, 12:30:01 PM

Longevity is challenging people to reimagine their later years. One age cohort is 'carrying the most stress and burden,' research finds

cnbc.com

Relevant topic timeline:

8/24/2023

Canadian Millennials Are Failing To Keep Up, Putting The Economy At Risk: RBC - Better Dwelling

9/9/2023

Boomer Housing Needs Drive Today's Shortage As They Age Into More, Smaller Households

9/9/2023

Gen Z More Optimistic About Homeownership Than Millennials Despite High Prices

9/16/2023

Younger Generations Worry Boomers' Choices Left Them Financially 'Stuck'

9/21/2023

Fed Policies That Benefited Baby Boomers Now Squeeze Younger Generations

Baby boomers have benefited greatly from the Federal Reserve's policies, earning high returns on their investments while younger generations suffer from inflation and high costs.