Episode 42: The Surprising Status of Late-Boomer and Early Gen-X Wealth

Aug 18, 2023

The last Baby Boomer will turn 65 — the age most commonly associated with retirement — in December 2029. And the youngest Gen-Xers are on the cusp of turning 60. Relatively close in age, their respective retirement statuses are surprisingly different.

Here are just a handful of the things that we'll discuss:

  1. More people are saving for retirement but they are not saving enough.
  2. Late-boomer wealth continues to be impacted by The Great Recession of 2008-2009.
  3. An increase in Social Security’s Full Retirement Age was a de facto cut in Social Security benefits.



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