Gen Xers shoulder far more fiscal responsibilities than previous or future generations, as they financially support their children and provide care for their aging parents.
Though Gen Xers feel less financially secure than their parents in regards to retirement, they also plan to work longer and embrace new opportunities in this evolving life phase. Most people turning 50 today can expect to live another 30-plus years, and many are already taking steps towards increasing their longevity – 87% consider themselves in good health and 55% maintain a healthy diet. They are re-imagining this life transition and expect their future years to be more flexible and rewarding than ever before.
In the past year, 4.4 million Gen Xers hit the big-5-0, and in 2016, another 4.1 million are expected to join the ranks of Americans 50-plus. This group will be the next generation to challenge outdated perceptions of aging and empower people to take control of their futures.
AARP’s goal is to ensure that people have access to care, information and services to lead healthier lives; have the financial resources and opportunities to match their longer life-spans; and that people 50-plus are seen as an integral and inspirational asset to society. The organization is proud to support Generation X, and their families, as they begin to confront challenges as they age and live life on their own terms.
Note to reporters: AARP has a series of info-graphics and polling results to provide further insight on Generation X that are available upon request.
For more information about Generation X please visit: aarp.org/GenXinsights