Is America headed for a retirement crisis?

October 29, 2024 by Gregg Greenberg

John Hancock Retirement CEO Wayne Park weighs in on America’s retirement readiness. 

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Wink’s Moore on the Market: “Most respondents feel like their retirement is a priority, yet just north of 25 percent feel like they’re on track. And that’s definitely the story for the Gen Xers, Gen Zs and millennials,” said Wayne Park with John Hancock.

Well THAT is a sobering statistic.

Hancock’s recently released financial resiliency and longevity report showed half the respondents feeling like they’re falling behind in retirement saving, while another 40 percent said their financial situation was fair or poor.

Yikes. -sjm

Originally Posted at InvestmentNews on October 23, 2024 by Gregg Greenberg.