New Installment of Conversation Series Presents Boomer and Gen X Perspectives on Issues Related to Retirement

Charles Schwab & Co., Inc., announced the publication of a new installment of a cross-generational conversation on attitudes and concerns about retirement on http://rethinkingretirement.schwab.com. This ongoing series offers new conversations and reflections from individuals of different generations, as they share their personal views on planning for and achieving success in retirement.

The site offers visitors more information on how Americans are rethinking what it means to retire and presents findings from “Rethinking Retirement: Four American Generations Share Their Views on Life’s Third Act,” a landmark study by Charles Schwab and Age Wave. In addition to reading the cross generational conversations on the site, visitors can review study findings and use peer comparison tools that allow them to benchmark their preparation for retirement and views on wealth against other individuals of multiple generations.

“We took a deeper look at four different generations in America through the ‘Rethinking Retirement’ study and found that Americans are shifting the way they want to spend their years in retirement,” notes Andy Gill, senior vice president, investor services, at Charles Schwab. “Schwab is committed to providing the tools and opportunities to help people plan their financial futures, while continuing the conversation on these important topics, and the ‘Rethinking Retirement’ Web site does just that.”

The site’s initial conversation featured Chuck Schwab and Carrie Schwab Pomerantz, who offered their thoughts on what retirement means to them. This conversation is archived on the site along with today’s newly published dialogue.

Angela Birmingham and Don Bakhaus, two regional executives at Schwab, are featured in the next conversation on the “Rethinking Retirement” Web site. Birmingham is a regional branch executive for Schwab’s Midwest Region, and shares her perspectives as a member of Generation X. Bakhaus is a regional branch executive for Schwab’s Southwest Region, and offers his point of view as a representative of the Baby Boomer generation. Each oversees more than 150 financial consultants across multiple cities and demographics.

“At the end of the day, I think we're all looking for some combination of education, tools and relationships. Finding the balance between getting help and helping ourselves is really the best way to plan for our financial futures,” says Birmingham.