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A whopping 68 percent of Gen X workers say they’re lagging when it comes to retirement savings. The first edge of Gen X, which ranges in age from 44 to 59, is on the cusp of retirement, and they ...
A U.S. News & World Report article highlighted how Gen Xers are closing the gap with Baby Boomers in retirement savings by relying more on 401(k) accounts than pensions. They’re well-positioned ...
So these Gen Xers not only have a 401(k) or 403(b) with pretax money, they might also have a Roth IRA, a taxable brokerage account where they pay capital gains tax, which is a lower rate and a a ...
"The 401(k) transition looms large for Gen X and working baby boomers, and many working Americans have taken a long time to adapt to the new retirement system—some too long," Goldman's report notes.
Gen Xers, who are approximately ages 44 to 59, are in varying stages of retirement planning. The younger ones are deep in their earning years, while those on the older end have retirement in their...
“The news about retirement savings is generally positive for Gen X,” Gerri Walsh, president of the FINRA Investor Education Foundation, told Yahoo Finance. Over 6 in 10 Gen Xers have some type ...
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 ...
Those with 401(k)s may be able to access some of their retirement savings early by taking advantage of the Rule of 55. This says that if you part with your employer in the year you will turn 55 ...
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