GenXers are definitely thinking about retirement. But there's a disconnect between how they're preparing for it and one of their chief retirement worries: namely, the cost of health care.

That's from a Weber Shandwick study, which found that GenXers are thinking about long-term financial needs and are focused actively on planning for retirement. However, they don't feel prepared even though they're entering the phase of their careers for peak wealth accumulation.

GenXers are doing all sorts of things to prepare for long-term security, including doing their best to lead healthy lives now so that they'll have fewer troubles as they age. Nevertheless, they're not planning for retirement health care costs. And that's despite the fact that if you ask them how they'll pay for it when they're older, they admit to being worried.

Continue Reading for Free

Register and gain access to:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.