Gen X Workers Staring Down a Retirement Crisis, Apollo Chief Economist Warns

Date:

A sign in Columbia, Md. on July 21, 2025. Madalina Kilroy/The Epoch TimesA wide array of factors is leading Generation X U.S. workers to face a looming “retirement crisis,” says Torsten Slok, chief economist at Apollo Wealth Management.One factor is that fewer than one in six U.S. workers aged 45 to 54, which falls squarely in the Gen X category, contributed the maximum to their 401(k) accounts, according to data from Vanguard’s “How America Saves 2025” report.

spot_imgspot_imgspot_img

Share post:

More like this
Related

Trump Threatens 100 Percent Tariff Over Digital Services Tax

President Donald Trump said on June 26 that countries...

NVIDIA CEO Says Using Smuggled AI Chips for Data Centers Is a Dead End

The logo of Nvidia Corporation is seen during the...

At Nuclear Woodstock, Developers Celebrate Rapid Advancements in Reactor Design

Radiant Energy Chief Executive Officer and Founder Doug Bernauer...

US Goods Trade Deficit Jumps Sharply on War-Fueled Surge in Imports

America’s goods trade deficit widened in May, driven by...