Forget millennials — the real financial time bomb in America is Gen X
|04/20/2019||Posted by BusinessMediaguide.Com under General World News||
- Many Gen Xers are unprepared to retire in their 60s, according to an INSIDER and Morning Consult survey.
- Almost half of Gen X respondents, defined as ages 38 to 53, said they have no money saved in a retirement account.
- The Gen Xers were the least likely generation to say they would save or invest an extra $1,000, instead using it to pay outstanding bills and debt.
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Retirement isn’t looking rosy for Gen X.
The cohort closest to retirement age behind baby boomers is wholly unprepared to leave work read more >>>