For Gen X, a 'dream retirement' is a long shot

Source: https://finance.yahoo.com/news/for-gen-x-a-dream-retirement-is-a-long-shot-233001860.html

• Generation X (born 1965-1980) estimates needing $1.1 million on average for a comfortable retirement.
• Gen X expects to have only $661,000 saved by retirement, about half of their goal.
• 45% of Gen Xers surveyed admit to not having done any retirement planning.
• Gen X is the first generation to primarily rely on 401(k) plans instead of pensions.