Financial Insecurity Looms for Gen X as Retirement Approaches A Prudential Financial study reveals that Generation X, currently aged 44-59, is facing significant financial challenges as they approach retirement. This generation, caught between the decline of pension plans and uncertainties about Social Security’s future, is less financially secure than their predecessors. Compared to older generations, a larger proportion of Gen Xers expect to need financial and housing support from their families in retirement, potentially becoming “silver squatters.” Despite these concerns, many have not yet discussed their potential need for support with their families, highlighting a critical need for financial planning and open communication about retirement expectations. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Core PCE Inflation Rises 0.2% in April, Matching Forecasts READ MORE The Elusive Art of Recession Forecasting: Why Economic Indicators Fall Short READ MORE China Unleashes Bold Measures to Rescue Property Market Crisis READ MORE BofA Predicts Market Gains with Focus on Bonds, Gold, and Undervalued Stocks READ MORE Silver Eyes Breakout: Technical Perspective READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment