As Americans live longer, retirement planning has become more critical than ever. Yet many Gen Xers — those born between 1965 and 1980 — worry their savings won’t last the two to three decades they may need it to. A recent Nationwide Financial survey found that 25% of Gen X investors believe their savings will run out in 14 years or less, and more than 1 in 10 say their nest egg is already dwindling. Here’s why Gen X faces a retirement shortfall — and what steps they can take now to bridge the gap. Why ...

Debt can be a powerful vehicle for building wealth, but only if you have enough time to take advantage of the leverage that debt provides and turn it into a profit. Taking on significant debt just before retirement only invites disaster.You stuck to your investment strategy so far, don’t give up just before the finish line.Do not let yourself be convinced to invest in risky or new ventures. While you might get lucky and make a lot of money, you have to weigh that possibility against losing it all. There are ...