Gen Xers
Coverage of Gen Xers in the Nexus archive.
- Great disappointment will follow the Great Wealth Transfer as baby boomers pass on just a fraction of their fortune to millennials and Gen Xers
While estimates for the Great Wealth Transfer reach as high as $124 trillion, a report from Visa Business and Economic Insights put the number at $93 trillion. The analysis determined that after excluding top 1% wealth, deducting liabilities, accounting for retirement spending, and taxes and fees, only an estimated $36 trillion will be passed on by baby boomers. Due to high debt levels and wealth concentration among certain groups, the average inheritance amount may overstate what most millennials and Gen Xers will actually receive.
- The oldest millennials are 45! This tool helps plan for longevity
The oldest millennials are turning 45 and Gen Xers are turning 60, prompting concerns about their preparedness for the future. A new tool is available to help people assess their readiness beyond just savings. This tool aims to support longevity planning.
- The oldest millennials are 45! This tool helps plan for longevity
The oldest millennials are turning 45 and Gen Xers are turning 60, prompting concerns about their preparedness for the decades ahead. A new tool is available to help people assess their readiness beyond just savings. This tool aims to support long-term planning and thriving.