Friday, June 24, 2011

Gen-X and Retirement

The headline of this article is about how confident Gen-Xers feel about retirement. Answer? Not very.

Perhaps more newsworthy is this nugget tucked in that the end.

"Only 15% of Gen-Xers said they had incomes that exceeded their current expenses and only 46% track their incomes and expenses on a monthly basis -- two red flags that make it clear that they're in desperate need of financial advisory services if they're ever to reach their retirement goals."

Yikes.