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Gen Xers are Gen AnXious about retirement savings

Its both sad and ironic that Gen Xers should be so troubled, since 42 percent of them started saving for retirement before age 25.

By Marlene Y. Satter | Updated on October 04, 2016
Gen Xers are more optimistic about future market returns than boomers. (Photo: AP)

Call them Gen AnXious. Gen Xers are increasingly worried about how they’ll pay for retirement, after having endured the dot-com bust, the global financial crisis and housing collapse, and stagnant wage growth during their formative adult years.

That’s according to the “Wisdom of Experience: Lessons Learned from Millennial, Generation X and Baby Boomer Investors” survey from American Funds, which found that 63 percent of Gen Xers are kept awake at night worrying about their retirement.

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