American savers are broadly constructive when it comes to their preparedness for retirement, with 68% of them saying they're on track to retire with the lifestyle they want. Gen X is the outlier, lagging all other savers.
Storyboard
Gen X Americans trail all other generations in retirement planning
The Slacker generation might have been slacking off when it came to planning for retirement: Gen X consistently ranks in surveys as the least-prepared group for when they stop earning.
The big picture
As Gen Xers get older, they are getting increasingly worried about looming financial problems in retirement.
Between the lines
While savers in general became more confident in their retirement after the bull market of 2023, Gen X saw the smallest increase in confidence.
Go deeper
Read more from Felix Salmon. He is the chief financial correspondent at Axios. He authors Axios Markets, a newsletter that goes in-depth on all the ways that money drives the world.
