Almost half of Generation X — Americans aged 44 to 59 — are entering their peak earning years without any retirement plan in place and only 14% believe they’ve saved enough to retire securely, according to a new study from Schroders. Even though they estimate a comfortable retirement requires around $1.07 million, the average Gen Xer expects to fall short by roughly $467,000.
Key takeaways
-
- Generation X faces an average retirement savings shortfall of about $467,000.
- Financial professionals can effectively address this gap with catch-up contributions, tailored retirement income planning, and strategic Social Security guidance.
- Holistic financial wellness programs enhance retirement outcomes, creating enduring client relationships and opportunities for business growth.
The Agent & Advisor Editorial Team is a highly skilled and dedicated group of professional writers and editors within the life, health insurance and financial services industry. Committed to delivering accurate, informative and engaging content, this team possesses a deep understanding of the intricacies and complexities of the industry.
Learn more about the Editorial Team.
Learn more about the Editorial Team.
Latest posts by A&A Editorial Team (see all)
- Innovation, Regulation, and Trust: The Road Ahead for Indexed Products - February 25, 2026
- The Estate Planning Effect: Analyzing the Current Landscape and Opportunity - February 18, 2026
- IUL Illustration Complication: Helping Clients See Past the Hype - February 9, 2026
