Did you know:
– 59% of Gen Y employees have the goal to buy a home
– 39% of Gen X employees have their savings in “All cash”
– 42% of Gen Y employees have student loan debt
At the P&I Defined Contribution East Coast Conference last week, we participated in a panel “Understanding Generation X in a Generation Y World.”
To expand upon that idea, using detailed aggregate data from the Retiremap platform, we put together this presentation to highlight some of the differences between Gen X and Gen Y employees and how to best engage them to improve financial wellness and retirement readiness.