Gen Xers' Retirement Savings Falling Behind, Survey Shows
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Gen Xers and Retirement Savings
Nearly half of Generation X individuals admit that their retirement savings are not on track as per their expectations, indicating potential financial struggles in the future.
401(k) 'Experiment Generation'
Generation X is labeled as the 'experiment generation' due to the introduction and adoption of the 401(k) retirement savings plans during their working years.
These financial decisions and strategies could significantly impact their retirement lifestyle and financial security in the long run.