‘Broke Generation:’ 64% of Gen Xers have stopped saving for retirement | WRAL TechWire
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While their parents belonged to the "Greatest Generation," Gen X may soon be carving out a reputation as the "Broke Generation." Let's take a look. By the way, it's never too late to start saving.
  • @infinitevalenceEnglish
    1•1 year ago

    Back to back financial meltdowns come to mind.

    Graduate highschool early 2000s tech bust

    Graduate college great recession

    Hit peak earning potential, global pandemic and massive layoffs

    Plus in that time almost total wage stagnation and destruction of pension systems and unions.