5 ways to support the retirement needs of all generations

Published Updated 3 Min Read

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Are your employees ready to retire? 

Whether you’re talking about Gen Z, millennials, Gen X or baby boomers, the answer to that question may unfortunately be: Not quite. 

More than half of millennials believe retirement means financial independence, not reaching a set age, according to a new survey by Iralogix, an IRA-solutions provider. Additionally, nearly 17% say they don’t anticipate leaving the workforce fully; rather, they envision having more flexibility in their careers, whether that’s working part-time, starting a business or pursuing a passion project. 

“Millennials have gone through two pretty bad down markets, and they have a different experience than other generations,” says Lowell Smith, cofounder of Iralogix. “For millennials, it’s more of a lifestyle, which doesn’t seem to fit the way baby boomers and the older generations are planning it out.” 


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