Call them Gen AnXious. Gen Xers are increasingly worried about how they'll pay for retirement, after having endured the dot-com bust, the global financial crisis and housing collapse, and stagnant wage growth during their formative adult years.

That's according to the "Wisdom of Experience: Lessons Learned from Millennial, Generation X and Baby Boomer Investors" survey from American Funds, which found that 63 percent of Gen Xers are kept awake at night worrying about their retirement.

In addition, 28 percent are worried they're not earning enough money to be able to invest for the future—and that's not surprising, considering that 25 percent are worried about paying down debt and financing their children's education.

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

  • Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.