Tuesday, December 16, 2014

Gen Xers Fretting About Long-Term Health Needs

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adults|aggravated|angry|annoyed|arguing|argument|argumentative|caucasian|conflict|couple|disagreement|distraught|distressed|exas jupiterimages Members of Gen X, that much-maligned age group born between 1965 and 1980, are fretting about how to preserve their wealth and health when they hit old age, according to a new study by Weber Shandwick. "Leveraging the Gen X Retirement Market: From Overlooked to Opportunity" says that Gen Xers, now hitting 50, are busy planning for their golden years. And although they realize they must save more for retirement, they fret more about how they'll pay for their health care. "We were surprised by the level of concern that Gen X'ers have around their health –- both today and over the long term," said Barb Iverson, president of Weber Shandwick's North American Financial Services practice. "And although they express significant anxiety around how they will cover their future health needs, their retirement planning seems disconnected from this concern." Needs and Fears

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