From Fortune:

The oldest Gen Xers, born in 1965, are concerned about their retirement readiness. Over 60% lack confidence in achieving a comfortable retirement. The typical Gen X household has only $40,000 in retirement savings while financial experts suggest over $1 million. Factors include market crashes, 9/11, and the war on terror.

Tiffanie Young began saving money for retirement at 20 and contributing to her employer’s 403(b) in her career in respiratory therapy. Young also spent decades working multiple jobs and picking up occasional shifts to pad her savings and pick up a pension. She and her husband nevertheless feel about 70% ready to retire.

Don does not think he will retire as he is 50, and believes his generation will have a harder time than boomers. Don is worried about his ability to continue investing and saving for retirement, and recent back surgery also put a dent in his savings.

Fred, on the other hand, is on track to retire by 55. After he and his wife bought a home in 2009, they invested in their education and are on track not only to retire but to even be financially independent at 55.



Read more: 5 Gen Xers share what it’s really like to plan for retirement