Gen X's Retirement Crisis: Is Your Future at Risk? Low Inventory Housing, Creating Wealth Event

In this episode Jason discusses the alarming state of retirement savings for Generation X. A report by the National Institute on Retirement Security reveals that the bottom half of Generation X earners have very little saved for retirement, with some having nothing at all. The report highlights the disparity among different racial groups, with blacks and Hispanics having lower savings and limited access to retirement plans. While the report primarily focuses on employer-sponsored plans, it fails to consider individuals’ entire net worth, which could provide a more accurate representation of their retirement savings. The situation calls for attention and action to address the retirement crisis facing Generation X.

He also touches on the housing market, highlighting the low inventory and high demand, especially among millennials. Higher mortgage rates and the lack of new listings contribute to the hot seller’s market. Finally, Jason Hartman promotes his upcoming virtual event, “Creating Wealth,” which focuses on real estate investment strategies. Registering for the event offers the opportunity to access recordings for those unable to attend the entire live event. Get your tickets now at https://www.jasonhartman.com/

#retirementsavings #GenerationX #retirementcrisis #savingsdisparity #employerplans

Key Takeaways:

0:00 The Gen Xers: The lost generation
1:36 Article: Retirement outlook is ‘alarming’ for Gen X
4:41 Choosing how to ‘age’
6:01 Corporatocracy, feminism and conspiracies
7:05 A large number of Gen Xers have virtually nothing saved for retirement
7:29 Chart: Typical Gen X household has only $40k for retirement
9:22 Chart: Gen X men and women and divorce
12:55 Video: Economist explains why Middle TN housing market remains hot
15:42 The metaphor of the sink
19:23 Join our Creating Wealth Virtual Event July 21 & 22
20:51 Altos Research Chart: US SFR Total Available Inventory – Weekly, by Year
21:56 Tyler Durden: Auto insurers hit by worst crisis in 30 years, sends premium skyrocketing
25:43 Passing your costs to the tenants

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