Here's What the Average Gen Xer Has Saved for Retirement. The Number Might Surprise You

Saving for retirement can be a difficult thing at many stages of life. In your 20s, you may have a hard time finding the money for your long-term savings when you're deep in the throes of repaying student loans. In your 30s, you may be saving for a house and paying an exorbitant amount of money for child care just to keep your job. And in your 40s, you may be spending your money on home repairs and trying your best to fund your kids' 529 plans so they don't have to deal with the stress of student loans the way you did.

So it's easy enough to reach your 50s without a whole lot of money in retirement savings. But unfortunately, that's the boat a good number of Gen Xers are in today.

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Source Fool.com