Estimated reading time: 0 minutes, 20 seconds

Potential cuts to Social Security benefits could require Gen Xers to save an additional $27,000 to $79,000 to prepare for retirement, according to Employee Benefit Research Institute Research Director Jack VanDerhei. So reports Financial Advisor.

Many Gen Xers are scheduled to become eligible for full retirement benefits in 2032, just one year before some observers believe that Social Security will run out of assets.

Read the full article from Financial Advisor.

Read 2907 times
Rate this item
(0 votes)
Tagged under

Visit other PMG Sites:

click me
PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.
Ok Decline