It’s high time Gen X takes retirement seriously
Born into the Cold War and squeezed between two larger demographic groups, Gen Xers have long been known as the “forgotten generation.” But for a bunch of loners whom the media gave up on in the mid-1990s, we Gen Xers have done pretty well for ourselves.
We’ve built our own businesses and communities, quickly adapted to changing business environments and the rise of tech, and survived the worst financial crisis in modern history. As a Gen Xer myself, I’m proud that everyone who called my generation slackers was proven wrong.
Yet, as Gen X heads into their peak earning years, the majority of them have not channeled their professional successes into better planning for retirement. The first Gen Xers received AARP cards two years ago, but only 8 percent have saved enough to be on track for retirement.
Read More: CNBC