Industry Commentary
Kiplinger: Gen X Retirement Is in Trouble: Here’s What You Can Do
David Johnson provides retirement-planning guidance for Gen X investors who need to strengthen savings and close potential retirement gaps.
Kiplinger interviews David Johnson about creating written retirement goals, increasing savings, investing for long-term growth, and preparing for retirement income needs.
Read the Full ArticleDecember 27 2024
Gen X retirement planning is woefully behind. Even as they approach retirement age, half of Gen Xers have not done any retirement planning.
Gen X retirement could use some help. In a world awash with retirement planning advice, Gen Xers are the least likely of all generations to map out a plan to fund their lifestyle once they stop working. In fact, half (48%) of Gen Xers, or Americans between the ages of 44 and 59, say they have not done any retirement planning, according to the recently released Schroders 2024 U.S. Retirement Survey. This lack of planning exceeds the 41% of Millennials and Baby Boomers who say they lack a retirement savings game plan.
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