All 糖心logo in the News 'Sandwiched鈥� Gen Xers: The next wave in America鈥檚 retirement crisis? May 1, 2025 This content is categorized as: Products & Services Research & Industry Engagement Survey results show that 73% of Gen X individuals in the Sandwich Generation - those supporting both adult children and aging parents - have altered their retirement plans. Many are delaying retirement, using retirement savings to support family, or not planning to retire at all. Despite an average expected retirement age of 65, only 24% have a written retirement plan, and many worry about relying on their children later in life. Guaranteed income solutions are often underutilized but can help significantly boost confidence and preparedness for retirement. Mike Downing, Chief Operating Officer, emphasizes the importance of early planning while Rebecca Tadikonda, EVP of Strategy & Innovation, highlights the importance of workplace benefits and suggested plan sponsors consider evolving their toolkit to help enhance their employees鈥� retirement security. Read more Related Content How working with a financial professional can help Retirement planning can be complex. But with a trusted professional, you can navigate today鈥檚 landscape, refine your retirement goals, and feel confident in your future. Is the Sandwich Generation ready for retirement? Our new research reveals how their feelings toward the pressures of saving money, caring for multiple generations and planning for retirement have shifted.
