Six reasons Gen X lags in saving, planning for retirement
March 21, 2017 by Claire Serant
American workers ages 35 to 54, better known as Generation X, particularly single working parents, are more concerned about sluggish finances and expenses related to emotional and physical health than saving for retirement, according to fresh research from Guardian Life Insurance Company of America.
These findings are part of the Fourth Annual Guardian Workplace Benefits Study. The 12-page report entitled “Mind, Body and Wallet” was released earlier this year. It evaluated the “financial, physical and emotional wellness” of 1,439 employees nationwide who worked for companies with at least five employees. About 277 responses were from part-time permanent workers, contract and non-permanent workers.
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