Gen X & 401(k): Timing, Tweaks & Retirement Lessons
Update: 2025-12-28
Description
Gen Xs retirement journey, shaped by the rise of 401(k) plans, highlights the impact of timing and persistence. The shift from pensions to defined-contribution plans, driven by cost-cutting employers and market upside, left Gen X with a challenging retirement landscape. Bad timing, including the dot-com bust and Great Financial Crisis, eroded savings and fostered cynicism about markets. However, home equity gains and the expanding U.S. economy offer opportunities for younger generations. The key takeaway: start saving early and persist, as research shows steady savers are less likely to fall short of retirement goals.
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