Many Gen X adults are worried about having enough money for retirement. They want to make sure they have enough to live comfortably when they stop working. Surveys show many haven't saved as much as they'd like.
- Gen Xers are aiming for big retirement savings, but many fall short.
- Some want $2 million, but only a small percentage have that much saved.
- Many are using 401(k) plans and IRAs to save for retirement.
| Fact | Number |
|---|---|
| Desired Retirement Savings (average) | $1,069,746 |
| Actual Average Savings | $602,944 |
| Savings Gap | $466,802 |
| Percentage of Gen X with $2M+ saved | 7% |
