Generation X employees struggle the most financially and are more likely to dip into their retirement savings than the Baby Boomers or Millennials.

A new financial wellness survey by PwC US found that GenXers, or those born in the early ‘60s to early ‘80s, struggle the most when it comes to juggling competing financial priorities related to their homes, children and parents. More than one-third of them think they will need to tap into their retirement savings to pay for other expenses.

“Gen X employees are in a unique financial situation. They’re often faced with the full spectrum of financial issues – from having to fund children’s education to caring for aging parents – while dealing with day-to-day household expenses,” says Kent Allison, partner and national practice leader of PwC’s Employee Financial Education practice. “These competing financial pressures, along with already depleted equity in their homes, exacerbate America’s retirement crisis as employees believe they have no choice but to turn to their retirement savings to focus on short-term needs.”