Will Generation X Be Ready For Retirement?

So much attention seems to be focused on the Boomers and Millennials, and the financial needs of Generation X (people born approximately between 1965 and 1980) is neglected. This generation also tends to be skeptical of the markets and financial advisors. Generation Xers are usually more cautious about the markets since they went through not one, not two, but now three significant market downturns – the tech bubble, great recession, and COVID-19 crisis. As a result, the average Gen X household has saved less for retirement than the Boomers at the same age. Many Gen Xers may be surprised to learn that while it was a rocky time period the last twenty years, the S&P 500 earned about 9% per year

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