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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 ...
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 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 ...
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 ...
Nevertheless, the average Gen X retirement savings balance (nearly $130,000 for individuals and $243,000 for households) suggests that many higher earners may not be saving enough, if those ...
The average Gen Xer, in contrast, has saved closer to $150,000. ... about 40% of Gen X "hasn't saved a penny for their retirement." So let's take a worst-case scenario and assume they likewise ...
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.
“In fact, the average amount invested by Gen X from after-tax earnings is over 40% higher than the overall population and higher than all other generations.” Read more: Retirement planning: A ...
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