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A recent article from Business Insider revealed a startling statistic -- the average Gen X household has only about $40,000 saved for retirement. Considering many Gen Xers are now in their 40s and ...
A recent study from the National Institute on Retirement Security (NIRS), a nonprofit research organization, found the typical Gen X household has $40,000 in retirement savings, while the average ...
This shortfall in savings is compounded by the fact that many Gen Xers do not have a retirement income plan. According to Allianz, only 30% of Gen Xers have mapped out how they will fund their ...
Research from the Transamerica Center for Retirement Studies found that the percentage of Gen X super savers has climbed significantly from 3 in 10 in 2019 to 4 in 10 this year.
For instance, Gen Xers say they will need, on average, $1.56 million in savings to retire comfortably, but to date, they have saved only an average of $109,600. More than 1 in 3 Gen X workers have ...
In four years, the oldest Gen Xers will be eligible for Social Security benefits, which means many will be considering the possibility of retirement. The problem is, not nearly enough of them are...
The median retirement savings is $13,000 for single Gen X men and $6,000 for Gen X women. (That might be because Gen X women are more likely to work part-time.) Married men and women tend to have ...
In a recent report about Gen X and retirement, US News & World Report shared findings from Fidelity, which revealed that the average retirement account balance for Gen X clients is roughly ...
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