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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 ...
The average Gen X household has $150,000 in retirement savings, according to a 2023 study from the National Institute on Retirement Security (NIRS). A far cry from the approximate $1.5 million ...
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 ...
This milestone highlights the growing trend of Gen X savers surpassing baby boomers in retirement savings. According to USA Today, the first quarter saw a record number of 401(k) millionaires, now ...
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 ...
On average, Gen Xers say they need $1,112,183 in savings to have a comfortable retirement. At the same time, they only expect to have just $661,013 saved by the time they retire. That’s a large ...
The typical Gen X household has $40,000 in retirement savings, according to a recent study from the National Institute on Retirement Security, far from the $1 million-plus financial experts suggest.
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