The 2020 Midland National Gen-to-Gen Retirement Study looked into the saving, spending and communication habits of men and women across four generations, covering everyone from age 18-55+.
In exploring differences among the generations, we spotted several areas where men and women were answering questions in notably different ways. Explore key learnings such as how men and women grade their retirement efforts, their confidence in reaching their retirement goals, and comfort with financial risk.
Take a closer look at key insights, including:
How men and women grade their retirement planning
Their confidence in meeting their retirement goals
Retirement advice they’ve given and received
How cross-generational relationships differ among the sexes
The 2020 Midland National Gen-to-Gen Retirement Study looked into the saving, spending and communication habits of four generations covering everyone from age 18-55+. Explore key learnings such as how consumers across each generation have the same retirement fears, and repeat the same financial and retirement mistakes.
In this installment of generational research – Gen-to-Gen – consumers share their thoughts on working with financial professionals for retirement and financial planning. Learn how long they’re staying with their financial professional, how closely they choose to work together in retirement planning, and what keeps them coming back each year.
It is becoming increasingly important for families to have end-of-life and legacy planning discussions to ensure transparency and a smooth transition. In our groundbreaking Gen-to-Gen research study, 39% of our respondents said their parents have never discussed their end-of-life plans with them. We sought to uncover why there’s so much lack of communication around this important topic.
In this installment of our generational research – Gen-to-Gen - we asked the hard questions about retirement confidence. We’ll take a look at 1) How consumers view their current retirement preparedness, 2) Some of the factors that influence how consumers feel about retirement, and 3) How to help forge the path for consumers to face retirement with confidence.
Clients may be feeling the effects both in their day-to-day personal financial picture as well as in their planning for the future. We surveyed hundreds of consumers about how COVID-19 impacted their finances and we are ready to share what we learned.
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Insurance products issued by Midland National® Life Insurance Company, West Des Moines, Iowa. Product and features/options may not be available in all states or appropriate for all clients. See product materials for further details, specific features/options, and limitations by product and state.