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InvestTalk

InvestTalk 10-13-2023 – Why Is Generation X Falling Behind on Retirement Savings?

InvestTalk

Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors

Entrepreneurship, Business News, News, Investing, News Commentary, Business

4.41.5K Ratings

🗓️ 14 October 2023

⏱️ 49 minutes

🧾️ Download transcript

Summary

According to Bankrate.com, more than half of Gen X workers, or roughly 57%, think it is not likely they will save enough to retire comfortably.

"Generation X" is the demographic classification following the "baby boomers" and preceding "Millennials". Gen X is generally defined as people born from 1965 to 1984.

 

Today's Stocks & Topics: BRC - Brady Corp. Cl A, Copper, EGY - Vaalco Energy Inc., VEGI - iShares MSCI Agriculture Producers ETF, Banks and Earnings.



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Transcript

Click on a timestamp to play from that location

0:00.0

At a time, when investors are confronted with market volatility and a variety of challenges

0:11.5

fueled by the uncertainty of inflation, unsettled geopolitical tensions, and economic pressures,

0:18.9

just incline and Steve Peasley, stand ready to take your finance and investment questions

0:24.0

and share their unbiased answers.

0:27.2

This is Invest Talk, independent thinking, shared success.

0:32.4

Invest Talk is made possible by KPP Financial, a registered investment advisor firm serving

0:37.8

clients throughout the United States.

0:41.1

The clarity for your path forward starts now.

0:45.4

Here is KPP Chief Executive Officer, Financial Advisor, just incline.

0:52.5

Good afternoon fellow investors and welcome back to Invest Talk.

0:56.4

This is our Friday, October 13th.

0:59.3

Yes, it is Friday the 13th.

1:02.0

I'm Justin Klein, and Michael here is to not scare you, but give you the knowledge and

1:08.9

the power to make good investment decisions, good money decisions each and every day.

1:16.0

Avoid the pitfalls, take advantage of the opportunities, and in order to do that, you need knowledge.

1:23.1

Knowledge is power, and that will calm the nerves when you invest based on hope, and that's

1:30.5

what most people do, unfortunately, that's their strategy, it's hope.

1:35.5

But that's not a way to invest.

1:38.0

A lot of people hope they get even, right, you buy a position and you hope and pray that

1:44.8

it comes back to where you bought it at.

1:47.6

That sound familiar?

1:48.6

It's a very common practice that novice investors have.

...

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