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 Hidden Debt: How 'Buy Now, Pay Later' Is Clouding America's Economic Outlook READ MORE Powell Cautious on Rate Cuts, Sees Longer Path to Inflation Target READ MORE U.S. Treasuries Yield $2 Million Per Minute as Rates Soar READ MORE Oil Volatility Hits Multiyear Low as Threat of Mideast Conflict Lowers READ MORE Gold gains hugely in popularity among American Investors – Gallup Survey 2023 READ MORE Add a Comment Cancel replyYour email address will not be published.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