Tag: young adults

Photo of generation: Grandmother, mother, daughter

The financial media (including this blog) inundate baby boomers with articles cajoling, coddling, and counseling them about their every retirement concern. But members of the Me Generation might want to focus on their children: retirement is likely to be an even greater financial challenge for Generation X, now in their 30s and 40s. Economists at…

grandma mom and daughter sitting on dock

Medal for the Sveriges Riksbank Prize in Economic Sciences. © ® the Nobel Foundation A Los Angeles Times reporter once called up several Nobel laureates in economics to ask how they invest their retirement savings. One of the economists was Daniel Kahneman, a 2002 Nobel Prize winner who would become more famous after writing “Thinking,…