From two personal finance experts, a “hopeful and even fun roadmap” (Ken Dychtwald, author of
The Power Years
) to plan for your retirement, tailored to the specific financial circumstances of Gen X
The oldest members of Gen X are less than a decade from retirement age, but many of the sixty-four million Americans born between 1965 and 1980 are not sufficiently prepared. While it could be easy to label Gen Xers as slackers, there are several underlying economic issues making it harder for this cohort to save for retirement. Company-funded pensions vanished just as Gen X started working, 401(k)s were less widespread for much of their early earning years, and Gen X’s earnings have been disrupted by multiple financial crises during their work lifetimes.
Retirement Bites
is a retirement playbook that specifically targets this overlooked generation. Personal finance experts Kerry Hannon and Janna Herron lay out a blueprint for Gen Xers to take control of their financial future: from understanding investment options, to boosting financial security, to creating a retirement income stream, and more. The goal is to embrace not just saving for retirement but saving for life.