On 12/15/2023 2:29 PM, Lenona wrote:
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> There are 78 comments.
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> https://www.msn.com/en-us/money/other/gen-x-has-the-largest-wealth-gap-of-any-generation-and-it-means-the-american-dream-of-retirement-is-going-to-be-a-nightmare-for-them/ar-AA1lyvrM?ocid=mailsignout&pc=U591&cvid=616cfea501f949bc8273995a854a7d96&ei=98
> (with short video)
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> Fortune senior writer Alicia Adamczyk is looking for Gen Xers (aged 43 to 58) to interview about their retirement readiness for a future story. If you're interested, email her at...
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> Retirement bites. The oldest members of Generation X are swiftly approaching the traditional retirement age, but few are financially prepared for the next chapter, a new report finds.
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> Sandwiched between the larger baby boomer and millennial generations, Gen X typically doesn't get as much attention as its older and younger cohorts despite comprising around 20% of the population. But America needs to start paying attention: Born between 1965 and 1980, the Gen Xers on the cusp of their seventh decade are, theoretically, just a few years away from leaving the workforce.
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> And according to new research, many are not prepared for a comfortable retirement. They have the largest wealth gap of any generation, according to the Schroders 2023 U.S. Retirement Survey. On average, these workers say it will take a bit over $1.1 million in savings to retire comfortably, but expect to have around $660,000 saved. Over 60% of non-retired Gen Xers are not confident in their ability to achieve a dream retirement, compared to 49% of millennials and 53% of baby boomers.
> SNIP<

A million dollars is nothing these days.

Need at least 5 million and paid off house to have a comfortable retirement.