Recent research by Edward Jones cast a spotlight on the financial vulnerabilities millennials face. The survey, targeting financial advisers, reveals that 43% view millennials as the most susceptible to financial difficulties, surpassing Gen Z, Gen X and baby boomers. This generational financial precariousness isn’t unfounded. Millennials grew up and entered the workforce during tumultuous economic times — from the aftermath of the Great Recession to the recent impacts of the COVID-19 pandemic.
Gender inequities in the working world have been well-documented, with wages for the average full-time working woman sitting at 82% of what men earn. That gap extends into retirement, as the average...
Most people are aware of the gender-related wage gap. Women in 2022 earned just 82% of what men earned in the U.S. for similar jobs, according to statistics from the Pew Research Center. A Goldman...
Thirty percent of workers under 40 believe they can live on just 60% of their pre-retirement income, according to the recent Goldman Sachs Retirement Survey & Insights Report. GenX had a somewhat...