Curated News
By: NewsRamp Editorial Staff
April 18, 2025
Gen Xers Struggle with Retirement Savings Amid Economic Uncertainty
TLDR
- Gen Xers can make additional catch-up contributions to their retirement plans, potentially outperforming younger generations in building wealth.
- Gen Xers should consider opening a self-directed IRA to include alternative assets for long-term growth strategies beyond traditional investments.
- By offering opportunities to invest in nontraditional assets, such as real estate and precious metals, Next Generation helps people secure their retirement future.
- Gen Xers' concerns about retirement underscore the importance of planning and exploring new investment avenues like self-directed IRAs for financial security.
Impact - Why it Matters
This news sheds light on the financial struggles faced by Gen Xers as they navigate retirement planning amidst economic uncertainty. It underscores the importance of adequate retirement savings and the need for proactive financial planning to ensure a secure future.
Summary
Gen Xers are facing retirement savings challenges as job instability and financial commitments impact their ability to save for the future. Next Generation Trust Company highlights the concerns of Gen Xers in a recent blog article, revealing that many are falling short of their retirement savings goals. With worries about outliving assets and Social Security sustainability, Gen Xers are feeling the pressure to secure their financial future.
Source Statement
This curated news summary relied on this press release disributed by 24-7 Press Release. Read the source press release here, Gen Xers Struggle with Retirement Savings Amid Economic Uncertainty
