Why GenX and Boomers feel they are falling behind on retirement savings

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Why GenX and Boomers feel they are falling behind on retirement savings Retirement planning has significantly changed over the last few decades, as contribution plans like 401Ks have become the most important sources of retirement income. Goldman Sachs Asset Management Senior Retirement Strategist Chris Ceder joins Wealth! to break down how the best way to start when planning for retirement. Ceder emphasizes the importance of saving early for retirement: "Time is basically our biggest friend when it comes to retirement savings. The earlier you can save, the better." He says that personalized retirement planning is critical to lay out a clear course of action, especially for Gen X, who is lagging behind in retirement savings compared to Gen Z and Millennials. #youtube #news #retirement About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. - Get the latest news and data at finance.yahoo.com - Download the Yahoo Finance app on Apple ( or Android ( - Follow Yahoo Finance on social: X: Instagram: TikTok: Facebook: LinkedIn:
  2024/06/08      youtube

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