Reality bites for Gen X retirement
The Slacker generation might have been slacking off when it came to planning for retirement: Gen X consistently ranks in surveys as the least-prepared group for when they stop earning. Why it matters: The first members of Gen X were born in January 1965, which means they turn 59½ this month and can start withdrawing money from 401(k) and other retirement accounts without paying a penalty. The big picture: As Gen Xers get older, they are getting increasingly worried about looming financial problems in...