finance1 min read
40% of Older US Workers Lack Retirement Accounts, AARP Finds
According to research from AARP, 40% of American workers aged 55 to 65 have no retirement account, while the average Generation X worker has saved just $215,000.
Demographic cohort born roughly between 1965 and 1980.
According to research from AARP, 40% of American workers aged 55 to 65 have no retirement account, while the average Generation X worker has saved just $215,000.
Generation X is approaching retirement age with significant financial challenges, often overshadowed by discussions surrounding Baby Boomers. Financial experts urge Gen X individuals to assess savings and build defensive financial strategies.