Why Gen X Has Struggled To Save for Retirement in Today's Economy

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 generations, Gen X faces the largest retirement savings shortfall, according to a recent survey by asset management company Schroders. While this generation, born between 1965 and 1980, thinks they'll need ...