Generation X is likely to be worse off in retirement than the baby boomer generation

Generation X is likely to be worse off in retirement than the baby boomer generation — making the cohort the first post-war generation to be more ill-prepared for retirement than the previous one, according to a new study from J.P. Morgan Asset Management.

Baby boomers, or the cohort of Americans born between 1946-64, enjoyed a period of economic prosperity early on in their careers that contributed to strong asset growth and high savings rates not experienced to a similar degree by following generations.

As a result, those younger Gen Xers who are 35 to 44 years old today have a median net worth of approximately $47,000, compared with $102,000 for those of a similar age 25 years ago,

Read More

Please Login to comment.
Statements and opinions expressed in articles, reviews and other materials herein are those of the authors; the editors and publishers.
While every care has been taken in the compilation of this information and every attempt made to present up-to-date and accurate information, we cannot guarantee that inaccuracies will not occur. FundPage, Inc. will not be held responsible for any claim, loss, damage or inconvenience caused as a result of any information within these pages or any information accessed through this site.
The content of any organizations' websites which you link to from are entirely out of the control of FundPage, Inc., and you proceed at your own risk. These links are provided purely for your convenience. They do not imply FundPage, Inc.’s endorsement of, or association with any products, services, content, information or materials offered by or accessible to you at the organization’s site.
All copyright and trademarks accessible via the links from are owned by the respective website owners, or their licensors.
FundPage shall also have the right to remove any contents posted at any time without cause as FundPage determines in its sole discretion.

My Community

My Friends