Gen X Faces Retirement Squeeze as Social Security Nears Insolvency at 65
Updated
Updated · Front Page · Oct 9
Gen X Faces Retirement Squeeze as Social Security Nears Insolvency at 65
1 articles · Updated · Front Page · Oct 9
Summary
Gen Xers nearing retirement are set to face a far tougher path than their parents, with the traditional age-65 retirement model increasingly out of reach.
Social Security’s approach toward insolvency is undermining a system that long paired government benefits with employer-backed pensions to provide stable retirement income.
That shift leaves a generation approaching retirement without the old playbook that for nearly a century supported Americans’ ability to stop working with predictable lifetime income.