This Common Gen X Finance Move Could Make Retirement a Lot Harder
Every generation has their own challenges when it comes to saving for retirement. For Gen X, the disappearance of pension plans has left them to fund more of their retirement costs on their own than previous generations. Many have also found themselves sandwiched between adult children who still need support and elderly parents who need help with basic tasks.
Like everyone, Gen Xers also have to balance their future financial needs against their current ones, and this isn't always easy. Everyone handles this in their own way, but Gen X is more likely than other generations to use a strategy that makes saving enough for retirement a much harder task.
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Source Fool.com
