Many Gen Xers are feeling the pressure of retirement, with 1 in 4 lacking a retirement account and the typical household having just $40,000 in savings. More than 3 in 5 Gen Xers lack confidence in achieving their dream retirement, and nearly half fear outliving their savings. The majority of Gen Xers plan to postpone retirement. Despite facing challenges like vanishing pensions and inadequate 401(k)s, Gen Xers are encouraged to rise to the challenge. The generation has shown resilience in the past, bouncing back from the Great Recession. With adjustments to budget, priorities, and mindset, Gen Xers can improve their retirement outlook.

Read more at Yahoo Finance: Generation X’s money woes take spotlight in new book