The Real Reason Gen X Hasn't Saved Enough for Retirement and What It Means for Their Future

Key Takeaways Gen X expects to fall more than $400,000 short of what they think they’ll need for a comfortable retirement. This gap stems from the shift away from pensions toward 401(k)s, which left Gen X without many of the automatic 401(k) features younger workers rely on today. Among American adults, those in Gen X face the largest retirement savings shortfall, a recent survey by Schroders, the asset management firm, found. While on average, those in this generation, born between 1965 and 1980, ...