A significant portion of Generation X individuals express concerns about retirement, with about 1 in 5 fearing they won't be able to afford to step back from work even after saving $1 million. Nearly half of Gen Xers believe they will need a miracle to retire, as they approach the age of 59 1/2, the earliest age for retirement asset withdrawals without penalties. Many Gen Xers are unprepared for retirement, with some indicating they may never retire, according to a survey by Natixis Investment Managers.
Many Gen Xers are far from prepared for their golden years, with almost half saying it would take a "miracle" for them to be able to retire, according to a new Natixis study. https://t.co/6z4Rj68KYZ
Reality Bites as Generation X Approaches Retirement and More Than 1 in 5 Say They Will Never Retire, Finds Natixis Investment Managers Survey https://t.co/7LUoi3HkiL https://t.co/ML9mv8aLAf
Reality Bites as Generation X Approaches Retirement and More than 1 in 5 Say They Will Never Retire, Finds Natixis Investment Managers Survey https://t.co/yjYd53Gt3k https://t.co/4ZTjeMPWQ0
The oldest members of Generation X are turning 59 1/2 this month, the earliest age when workers can start withdrawing retirement assets without a penalty. But many Gen Xers are far from prepared for their golden years. https://t.co/7N74ozlTpJ
Retirement bites? Almost half of Gen Xers say they'll need a miracle to retire... https://t.co/ngAh113xRf
Almost half of Gen Xers say they'll need a miracle to retire. https://t.co/dgG86LPrgi
About 1 in 5 Gen Xers worry they won't be able to afford to step back from work even if they were able to save $1 million for retirement. https://t.co/OFweErG6bE
Gen X is the least confident about retirement as "crunch time" nears—and has done less to prepare than boomers or millennials. https://t.co/ABQBt0Wnka
People are going to be very surprised when the boomers don't actually live forever. https://t.co/vfCRIfLxu7