Majority of Gen X worried about retirement adequacy

Just Group report finds many in 1965-81 cohort are supporting adult children or elderly relatives

Jasmine Urquhart
clock • 1 min read
Gen X savers are at risk of inadequate retirement incomes due to the cost of living, Just Group says
Image:

Gen X savers are at risk of inadequate retirement incomes due to the cost of living, Just Group says

The majority (52%) of those in ‘Generation X’ are worried about having enough money saved to achieve a good standard of living in retirement.

The survey from Just Group, which looked at responses from 1,057 Gen X workers in August this year, found almost one third (29%) said they were supporting their adult children (aged 21 and over) fi...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

Jasmine Urquhart
Author spotlight

Jasmine Urquhart

Senior Correspondent at Professional Pensions

More on Defined Contribution

Call for urgent clarification after 'mandation by the back door' pensions bill clause

Call for urgent clarification after 'mandation by the back door' pensions bill clause

Fears regulators will use asset allocation test to decide whether or not to approve a MSDA

Jonathan Stapleton
clock 06 June 2025 • 3 min read
PLSA: What a decade of pension freedoms means for retirement

PLSA: What a decade of pension freedoms means for retirement

Ruari Grant says now is the time to make the best pensions access options available to all

Ruari Grant
clock 04 June 2025 • 4 min read
New decumulation solutions needed to meet the pension minister's challenge

New decumulation solutions needed to meet the pension minister's challenge

Philip Smith says decumulation option reform will help people to make the right choice

Philip Smith
clock 02 June 2025 • 3 min read
Trustpilot