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Generation X is often thought of as America’s forgotten generation. But in terms of retirement savings, this age group stands out — and not in a good way.
New research shows Gen Xers are particularly far behind on planning and saving for their golden years. Only 14% of Americans aged 44 to 59 believe they’ve saved enough for retirement, according to a new study by Schroders, a British asset management company. And almost half — 48% — haven’t done any retirement planning at all.
Nathan Place is a national reporter at American Banker. A native of New York City, he has worked for more than a decade in both print and video journalism. He got his start in Beijing, where he … Read full bio
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