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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 ...
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.
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 ...
Young Gen Xers who are just entering pre-retirement age have a median account balance of $60,763. The goal is to have 6 times your salary by the time you hit age 50.
Gen X is next in line to retire, ... found the typical Gen X household has $40,000 in retirement savings, while the average has $153,300, ... We found the 50 best Christmas gifts for women in 2024.
7 ways Gen X can accelerate their retirement savings. ... Those age 50 and over can add in an additional $7,500 catch-up contribution each year, too, so you can really sock away cash in your tax ...
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