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Are you on track? Only half of Gen X and Millennials say they're ready for retirement
Summary by The Miami Editorial Desk · Based on reporting by CBS Miami , CBS4 Miami
· July 20, 2026
· 1 min read
A new survey reveals just 1 in 4 Gen Xers are confident about their retirement plans, with looming changes to Social Security raising the stakes. CBS News Miami’s Larry Seward investigates what you can do now to secure your future.
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Summary created by The Miami Editorial Desk — automated, rule-governed Original reporting CBS Miami, CBS4 Miami Original story Read at the source Source published Jul 20, 2026 AI assistance Automated summary drawn from the source’s own published text Prepublication human review No — editorial rules, flagged-item review, and published samples
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Key takeaway CBS News Miami’s Larry Seward investigates what you can do now to secure your future.
Why this matters in The Miami
For Miami's large Latin American and Caribbean communities, retirement security is particularly crucial, given the cultural emphasis on family support and the potential for multigenerational households. As Gen Xers and Millennials in Miami navigate their retirement plans, they must consider the city's high cost of living, particularly in neighborhoods like Brickell and Miami Beach. The looming changes to Social Security will have significant implications for Miami residents who rely on these benefits to supplement their retirement income. With many Miamians working in industries like tourism and hospitality, which may not offer robust retirement plans, it is crucial for individuals to take proactive steps to secure their financial futures. Miami-Dade County's retirement landscape will likely be shaped by these factors, making it essential for residents to seek out resources and guidance to ensure a stable post-work life.
About this story
Original reporting by CBS4 Miami . The Miami surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit CBS4 Miami . Have a tip or correction? Contact our newsroom .
Category: miami ·
Published: July 20, 2026 ·
Source: CBS4 Miami ·
Reading time: 1 min
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Frequently asked about this story
What is this story about? A new survey reveals just 1 in 4 Gen Xers are confident about their retirement plans, with looming changes to Social Security raising the stakes. CBS News Miami’s Larry Seward investigates what you can do now to secure your future.
When was this published? This article was first published on July 20, 2026 by CBS4 Miami and curated for The Miami readers.
Who reported this story? This story was reported by CBS Miami at CBS4 Miami. To learn more about how The Miami selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more miami coverage from The Miami, or browse our daily briefing and topic hubs .
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