Financial Perspectives on Aging and Retirement Across the Generations
The Society of Actuaries’ Aging and Retirement Strategic Research Program is pleased to release the results of a study focused on the financial perspectives of aging and retirement of Americans across five generations, including Millennials, Gen X, Early Boomers, Late Boomers and the Silent Generation. In addition, the study seeks to understand how the habits and behaviors from earlier in life played out in the later years of retirement. The material includes a full report of the findings as well as six highlights reports focused on Millennials, a comparison of financial priorities, family obligations, financial risk concerns, financial fragility, and marital status. Also available is the posted questionnaire including a tabulation of all the results.
The research was conducted by Mathew Greenwald & Associates, Inc.
The SOA’s Aging and Retirement Strategic Research Program would like to thank the following individuals for their input throughout this project:
Anna Rappaport, Chair
Mike Nowak, SOA Senior Content Specialist
Steven Siegel, SOA Research Actuary
Barbara Scott, SOA Sr. Research Administrator
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