Core Insights - Generation X faces unique challenges in retirement planning compared to baby boomers, necessitating innovative strategies that diverge from traditional approaches [1][2][3] Group 1: Tax Considerations - Tax structures and rates have shifted significantly, with Gen X needing to prepare for potentially higher taxes in retirement, contrasting with boomers who planned for lower taxes [4] Group 2: Housing Market - Gen X is confronted with higher home prices and mortgage rates, making homeownership a significant financial burden that impacts their ability to save for retirement [5] Group 3: Caregiving Dynamics - Gen X is often referred to as the "sandwich generation," balancing the responsibilities of raising children while also caring for aging parents, complicating their retirement planning [6]