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This week on the Retirement Quick Tips podcast, I'm breaking down the generational differences between Gen X & Boomers. These two generations approach money very differently, and those differences have a big impact on how they save, plan for retirement, and ultimately live in retirement.
While Boomers love to talk about the assassination of JFK and the landing on the moon and can tell you exactly where they were and what they were doing during both events, Gen X remembers the Challenger exploding, the LA riots, and the suicide of Kurt Kobain.
The defining economic event that shaped Gen X's financial path was the dot com bust. Younger Gen Xs were just finishing school and launching their careers in the late 1990s and early 2000s, while older Gen Xs ers - 35 years old at this time, were now well established.
This week on the Retirement Quick Tips podcast, I'm breaking down the generational differences between Gen X & Boomers. These two generations approach money very differently, and those differences have a big impact on how they save, plan for retirement, and ultimately live in retirement.
If Gen X had a one word motto it would be: whatever. It's not that they don't care, it's that they've had to roll with so many punches since childhood, that they've learned to be self-sufficient and largely cautious about institutions.
Welcome to The Retirement Quick Tips Podcast, your daily guide to preparing for and living your best retirement. I'm your host Ashley Micciche, and this week, we're exploring the differences between Gen X & Boomers when it comes to planning for and living in retirement.
For my entire career as a financial advisor, I've been focused on working with boomers, as the great wave of retiring baby boomers had just started 18 years ago when I became an advisor.
But fast forward to today, and the oldest boomers, born in 1946 turn 80 this year, and the youngest of boomers, born in 1964, are now 62 (the most common retirement age for someone in the US) and eligible for social security. The vast majority of baby boomers are retired, and the next wave of retirees - Gen Xers are in the homestretch to retirement.
Born between 1965 & 1980, Gen Xers are now in the homestretch to retirement.
So this week, I'll talk about how these generational differences shaped how & why retirement will look differently for them
It's Sunday and I'm wrapping up the week by summarizing this week's theme: Retiring in 2026? Don't Miss These Critical Financial To-Dos
In case you missed any episodes this week, here's what we covered.
This week on the Retirement Quick Tips podcast, I'm covering the essential list of to-dos if you're planning to retire this year, or frankly, anytime in the next couple of years.
Today, I'm talking about some of the key tax traps to avoid if you can, and at the very least, pay attention to and familiarize yourself with before retirement.
This week on the Retirement Quick Tips podcast, I'm covering the essential list of to-dos if you're planning to retire this year, or frankly, anytime in the next couple of years.
Today, I'm talking about the importance of simplifying your finances as you get close to retirement.
This week on the Retirement Quick Tips podcast, I'm covering the essential list of to-dos if you're planning to retire this year, or frankly, anytime in the next couple of years.
Today, I'm talking about thinking through your ideal schedule in retirement.
This week on the Retirement Quick Tips podcast, I'm covering the essential list of to-dos if you're planning to retire this year, or frankly, anytime in the next couple of years.
Today, I'm talking about revisiting your investment strategy before retirement.
This week on the Retirement Quick Tips podcast, I'm covering the essential list of to-dos if you're planning to retire this year, or frankly, anytime in the next couple of years.
Today, I'm talking about boosting your emergency savings.
Welcome to The Retirement Quick Tips Podcast, your daily guide to preparing for and living your best retirement. I'm your host Ashley Micciche, and this week, we're exploring the question: Retiring in 2026? Don't Miss These Critical Financial To-Dos - part 2
Last week I talked about my top five most important items to check off your pre-retirement checklist before you get that gold watch (if you're younger than me, you don't even understand that reference!)
This week I'm talking about 5 more critical steps to take.
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