Reported 15 days ago
Despite being often viewed as financially unprepared for retirement, a new report indicates that Generation X, born between 1965 and 1980, is performing better than expected in retirement savings and debt management. Over 60% have retirement accounts and many are actively contributing. However, many still harbor negative feelings about their financial situation due to high debt anxiety and the pressures of family responsibilities. To improve their outlook, experts recommend creating a solid retirement plan and taking advantage of catch-up contributions as they approach retirement age.
Source: YAHOO