Different generations have unique perspectives on retirement and approach retirement planning differently. Baby Boomers, for example, have experienced many market ups and downs, from the stock market crash of 1987 to the 2008 Recession. Generation X has also had to cope with the same economic events and technological revolution.
On the other hand, millennials are taking a digital approach to retirement planning, with a focus on self-led market investments such as cryptocurrency. While there are similarities among age groups, there is no one-size-fits-all solution for retirement planning.
For more information on how financial retirement planning differs by generation, refer to the accompanying resource below.