WINDSOR, Conn., April 18, 2013 —LIMRA research reveals that the majority of Generation X and Y consumers have little understanding of financial products and services and less than half make saving for retirement their top priority.
WINDSOR, Conn., Feb. 14, 2013 — More than half of Gen X and Gen Y consumers admit having little or no knowledge about investments and financial products, according to a recent LIMRA study.
LIMRA: Generation X Americans Are More Concerned About Having Enough Money for Retirement than Other Generations
More than one-third of Gen X Americans not confident that they will have a secure retirement.
Majority of Younger American Adults Would Suffer Substantial Financial Consequences If Income Were Interrupted
WINDSOR, Conn., June 23, 2014 — A new LIMRA study found that 6 out of 10 Generation X and Y Americans say losing their income for 6 months due to accident or illness would have a significant or drastic impact on their families' financial well-being.
In a recent LIMRA study, Sowing the Seeds for Retirement: Gen X and Gen Y Markets, fewer than half of Gen X consumers selected retirement as their top reason to save (46 percent), and a larger proportion of Gen Y consumers ranked saving for vacation or travel as more important than saving for retirement (chart).
w findings from the 2018 Insurance Barometer Study finds more Generation X (ages 38-53) consumers worry more about having a comfortable retirement and becoming disabled than Boomers.
How can life insurance companies attract more Gen X and Y consumers and deliver higher levels of customer satisfaction?
LIMRA Finds Gen X & Y Job Seekers Have Values That Align With a Financial Services Profession — But They Don’t Know That
WINDSOR, Conn., Apr. 5, 2011 — If you ask Generations X and Y job seekers if they are interested in a financial services sales position, many will say no.