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The U.S. members of Generation X are supposed to be getting ready to retire soon.
They're even more nervous than other U.S. consumers about their ability to keep and fill their nest eggs.
Only 54% of Gen X consumers surveyed predicted in November 2025 that their personal financial situation would improve in the coming year, down from 66% in November 2024, according to new data collected by the Alliance Center for the Future of Retirement and shared with ThinkAdvisor.
Gen X consumers were more pessimistic about their own personal finances than members of any other age group surveyed.
For all U.S. adults ages 18 and older, the percentage of consumers who predicted their finances would improve fell eight percentage points, to 59%.
But Gen X consumers were less likely to raid their nest eggs: Just 40% of the Gen X consumers said they had dipped into their retirement savings in the past six months due to the current economic environment, compared with 57% of the millennials in the sample and 59% of the Generation Z consumers.
What it means: Gen X consumers are now in what are probably their peak earning years. If Gen X consumers are right about their finances, they might have a more difficult time contributing to retirement accounts and other investment accounts this year.
Many may be more interested in hearing about annuities and other arrangements that offer value guarantees.
Some may want to hear more about ways to profit from hard times and invest in undervalued assets.
The survey: The Allianz center is an arm of Allianz Life Insurance Co. of North America, a major life and annuity issuer.
The center polls about 1,000 U.S. adults ages 18 and older every November for a market perceptions survey series.
Generations: Allianz Life uses the following generation cutoffs:
Baby boomers: born 1946 to 1964.
Generation X: born 1965 to 1980.
Millennials: born 1981 to 1996.
Generation Z: born 1997 to 2007.
Credit: Drobot Dean/Adobe Stock
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