Generation X faces bleak retirement horizon
Pananalapi Ang henerasyon X ay nahaharap sa madilim na abot-tanaw sa pagreretiro 7 minuto ang nakalipas Balita ng Ethereum ng Bitcoin Its a somber retirement forecast for Generation X workers – those who are now between the ages of 41 and 56. Many in the so-called latchkey-kid generation, who may have muddled through a childhood with less parent hand-holding than millennials and baby boomers, are now in need of some serious nurturing, according to a new report published by the National Institute on Retirement Security (NIRS). The NIRS scrutinized the retirement readiness of Gen X, and its not pretty. The typical Gen X household has only $40,000 in retirement savings — and those savings are concentrated among top earners — according to the findings published by the nonpartisan organization. Also, Blacks and Hispanics have considerably lower savings and access to employer-provided retirement plans as compared to whites. Welcome to the ‘new retirement’ “Generation X represents the leading edge of the new retirement in America,” Tyler Bond, a co-author of the report and NIRS research director, told Yahoo Finance. “As the first generation to mostly enter the workforce after the move away from defined benefit pensions in the private sector, most Gen Xers will not enjoy the secure retirement income









