Vanguard expert advises Gen X to work longer to boost retirement savings

From Yahoo Finance: 2025-04-20 06:51:00

Gen Xers near retirement can boost savings by working a few extra weeks, says Vanguard. Trump’s trade war led to billions lost in retirement accounts. Working a few more months could be financially life-changing, says expert Joel Dickson. Even one extra month of work can add significant savings for ill-prepared Gen Xers.

Market fluctuations cause stress, anxiety for Americans. Vanguard investors remain calm during tariff turmoil, majority buying, not selling. Stick to your plan, seize market opportunities, experts advise. Asset diversification key to protecting investments. Reduction in tariffs brings relief, but instability remains a concern.

Negotiations with China could determine market stability. Market shouldn’t dictate retirement plans; saving habits are crucial. Saving 12-15% of pay annually recommended for peace of mind. Long-term success measured by saving habits, not just investment returns. Retirement security achievable with proper planning and saving.



Read more at Yahoo Finance: Vanguard’s advice expert says Gen X should make one simple move to boost retirement savings