04/06/2024
During the "Middle Years," significant life events like marriage, raising children, and purchasing a home commonly occur.
Recent research reveals a shift in financial concerns, with Millennials now surpassing Gen X in worry. This shift could stem from societal changes, including delayed marriage and child-rearing.
Millennials' financial anxieties now rank highest across generations, including concerns about retirement savings (54%), supporting themselves in case of disability (45%), and covering long-term care expenses (40%).
source: 2024 Insurance Barometer Study and Life Happens, Limra