Survey Reveals Gen X and Millennials Unprepared for Retirement Amid Social Security Concerns
A recent survey indicates that only half of Generation X and Millennials feel prepared for retirement, with just 25% of Gen Xers expressing confidence in their retirement plans. The uncertainty is exacerbated by potential changes to Social Security, which could impact future benefits. The survey highlights the financial challenges faced by these age groups as they navigate retirement planning in a changing economic landscape. Many individuals are concerned about their ability to maintain their standard of living in retirement, given the rising cost of living and potential reductions in Social Security benefits. 
