Accredited Income Property Investment Specialist (aipis)
420: Alarming State of Gen X's Retirement Savings, Low Inventory Housing Market, Creating Wealth Virtual Event
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:31:06
- More information
Informações:
Synopsis
In this episode Jason discusses the alarming state of retirement savings for Generation X. A report by the National Institute on Retirement Security reveals that the bottom half of Generation X earners have very little saved for retirement, with some having nothing at all. The report highlights the disparity among different racial groups, with blacks and Hispanics having lower savings and limited access to retirement plans. While the report primarily focuses on employer-sponsored plans, it fails to consider individuals' entire net worth, which could provide a more accurate representation of their retirement savings. The situation calls for attention and action to address the retirement crisis facing Generation X. He also touches on the housing market, highlighting the low inventory and high demand, especially among millennials. Higher mortgage rates and the lack of new listings contribute to the hot seller's market. Finally, Jason Hartman promotes his upcoming virtual event, "Creating Wealth," which focuses o