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Nearly Half of Gen Xers Have Done No Retirement Planning: Survey
News December 12, 2024 at 10:14 AM
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What You Need To Know
- The generation is effectively the first to come of age with 401(k) plans rather than traditional pensions as their primary retirement savings.
- More than half of retired Gen Xers are concerned or very concerned about having to return to work to pay their bills.
- Baby boomers and millennials also face a sizable gap between what they expect to have saved and what they expect to need as a nest egg.
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