Reported 4 months ago
Retirement planning has evolved with the rise of contribution plans like 401Ks as the main source of retirement income. Goldman Sachs Asset Management Senior Retirement Strategist, Chris Ceder, emphasizes the importance of saving early for retirement and personalized planning, especially for Gen X. This generation is lagging in retirement savings compared to Gen Z and millennials. The article discusses how different generations are adapting to the changes in retirement planning and the importance of technological innovations in providing personalized retirement plans for individuals.
Source: YAHOO