Filed Under:Annuities, Suitability

The 'lost generation' of retirement planning

According to Financial Finesse, women and lower-income employees also at risk

Ernest Hemingway, esteemed member of the Lost Generation. (AP Images)
Ernest Hemingway, esteemed member of the Lost Generation. (AP Images)

Despite dour prognostications regarding baby boomers’ retirement preparedness post financial crisis, a recent research report finds that there are other segments of the population who are in deeper trouble when it comes to retirement planning — like Millennials.

In its third annual research report on the state of U.S. employee retirement preparedness, Financial Finesse, an unbiased financial education company that offers counseling programs, found that Millennials have a significant risk of not being able to achieve retirement security.

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Nichole Morford

Nichole Morford
Managing Editor

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