Your Financial Future

They're saying it's sorta hopeless. Unless you plan on working til you're 85.

Gen X has indeed gotten the short end of the retirement stick to date. But they also have more time to keep plugging away at retirement saving, and that gives them a slight edge over younger Boomers. I say slight, because both age cohorts are highly unlikely to be able to match the financial security that the Old Boomers had at age 60 (CRR measures security as assets relative to income.) Gen X would need stocks to deliver an 11 percent annualized gain up through age 60, and young boomers would require a 13.2 percent annualized gain, according to the study’s authors. Neither is exactly plausible, as they are about double what the New Normalists keep telling us is likely.