Gen X Is Freaking Out About Retirement
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More than three in five Gen Xers are not confident in their ability to achieve a dream retirement and nearly half think they'll outlive their savings. We have far less confidence in our futures than generations before us. Kerry Hannon and Janna Herron, co-authors of Retirement Bites: A Gen X Guide to Securing Your Financial Future, explain how we got here and what we can do about it. They offer some useful, realistic tips about how to retire happily, even if it might not happen as soon as you'd like, including:
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How to build meaning and purpose into the second half of life.
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The mindset traps that keep us stuck, and how to break them.
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Reasonable retirement numbers for a typical Gen Xer.
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Biggest money leaks Gen Xers make.
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What a realistic reinvention timeline looks like
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Understanding Social Security, retirement accounts, and healthcare.
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Getting out of credit card debt.
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