Generation X is often called the “forgotten middle child” between Boomers and Millennials, but with 65 million Gen Xers moving into their 50s and early 60s, they’re facing a massive financial challenge: skyrocketing healthcare costs.
In this episode of Friends Talk Money, Pam Krueger, Terry Savage, and Richard Eisenberg unpack why healthcare, not retirement savings, is now the #1 financial concern for Gen X. From high insurance premiums and long-term care to hidden out-of-pocket costs, we break down:
- Why Gen X is more worried about healthcare than retirement savings
- How rising costs are squeezing families still raising kids & saving for retirement
- What Medicare will and won’t cover
- Smart planning tools: HSAs, catch-up contributions & employer Health benefits
- Why fee-only Fiduciary advisors can help Gen Xers plan ahead and avoid surprises
If you’re Gen X (or Love someone who is), this is a must-listen to help prepare for a healthier, more financially secure retirement.
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Pam Krueger is an investor advocate, personal finance journalist, and author. She is the founder and CEO of Wealthramp, an advisor matching platform that connects consumers with rigorously vetted and qualified fee-only financial advisors. Pam created and co-hosted the award-winning investor education TV series, MoneyTrack, seen on 250+ public stations on PBS. With over 25 years in the industry, Pam is one of the leading voices on financial literacy and financial empowerment. When she’s not writing about financial planning for Worth, she’s talking about investing strategies on her podcast, Friends Talk Money.
