Episode 141: A Retirement Burden for Gen X

Our 2 Cents

Our 2 Cents
Episode 141: A Retirement Burden for Gen X
Jun 09, 2023
Our2centspodcast

Money habits tend to differ with each generation, and it seems Gen X is having a more difficult time planning for retirement than their elders. Steve and Gabriel are breaking down some retirement statistics about Gen X, talking about the debt ceiling bill, and much more on Our 2 Cents.

  1. Debt Crisis Averted:
    • A quick rundown of the bill that was signed by President Biden.
    • The concessions made by both sides to get the votes needed.
  2. A Retirement Burden for Gen X:
    • With retirement on the horizon, 46% of Gen Xers say they won't have enough savings to be comfortable. What steps can they take now?
    • Why the majority of Gen X may work in retirement. 
    • Saving with no strategy? Why Gen Xers need to start creating a retirement plan now.
  3. Credit Report Complaints:
    • Complaints sharply rose against credit reporting agencies from 2021 to 2022.
    • What you should do to spot incorrect information on your credit report, and file a complaint if you find something wrong.