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Fewer GenXers Have Retirement Savings
Insured Retirement Institute [IRI] Mar. 23, 2018
"Six in 10 GenXers have money saved for retirement. This is down from 65 percent two years ago. Of those with retirement savings, seven in 10 have less than $250,000 saved, down from eight in 10 in 2016.... Six in 10 GenXers believe private employers should be legally required to offer a 401(k) plan to employees, and a staggering 81 percent would like be offered an option to take a portion of their retirement plan balance as monthly, guaranteed lifetime income."
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