'Retirement Is Gone,' Say Gen X As Reality Sinks In —Most Think They'll Need $1.57 Million To Retire Comfortably But Data Shows They Only Have $40K

Retirement used to be a finish line. For Generation X, it's starting to look more like a mirage. In a post on Reddit's Gen X forum, one user spoke plainly. "Retirement is gone," they wrote. "Most of us are not gonna retire. There is not enough money saved and cost of living is skyrocketing." That bleak forecast didn't go unanswered. Redditors agreed, some echoing a similar sentiment: even if they did manage to retire, they'd be doing it broke, resentful, or burdening family members with the cost of agin ...