Retirement Trends

The move, which pauses most taxpayer services, represents a sharp departure from the first week of the shutdown.

Younger generations are especially anxious, with nearly 90% of Gen Z and millennials saying an unplanned medical cost would disrupt their financial plans.

More than three-quarters of employed Americans plan to spend more time reviewing their elections during annual enrollment this year to maximize their benefit dollars.

The move is "unprecedented — and unwise," says one Social Security advocate.

“Plan sponsors are taking action, leveraging flexible deal structures and favorable market conditions to deliver long-term security for their participants," said Elizabeth Walsh, vice president and head of U.S. Pensions at MetLife.

Only 42% of baby boomers and 35% of Gen Xers say they have planned financially for the possibility of long-term care.