A new study commissioned by Equitable and conducted by The Wall Street Journal’s Intelligence Unit examines how Gen X is approaching investing and retirement planning.
The research is based on a survey of 500 retail investors — primarily Gen X — with millennials and pre-retiree baby boomers included for comparison.
Gen X includes more than 65 million Americans who entered the workforce as employer-funded pensions declined and employee-funded defined contribution plans became standard.
Only 14% of Gen Xers have access to a traditional pension, compared with 44% of baby boomers. Many Gen X workers also lacked tools now common in details ⇒
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