Core Insights - Generation X is facing significant financial challenges, including supporting adult children, caring for aging parents, and navigating a precarious job market [2][3] - Zach Mangels, a financial advisor at Wealthspire, highlights that rising costs in mortgages, education, groceries, and eldercare are straining cash flow for many families, even those with higher incomes [3] Financial Challenges - Gen X families are experiencing increased financial pressure due to higher mortgage rates, carrying costs, educational expenses, grocery prices, and eldercare costs [3] - Approximately 25% of Mangels' clients belong to the Gen X demographic, indicating a substantial focus on this group within the financial advisory sector [3]