Nearly half of Gen X say they'll need a miracle to retire, study finds

The oldest members of Generation X are turning 59, but a new study from investment bank Natixis shows a stark picture of how much money they've set aside for retirement. The study found the average retirement savings of Gen X households is only about $150,000, with nearly half of the participants saying they would need a miracle to ever retire. CBS News contributor Javier David has more on the study.

Jun 20, 2024 - 19:30
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Nearly half of Gen X say they'll need a miracle to retire, study finds
The oldest members of Generation X are turning 59, but a new study from investment bank Natixis shows a stark picture of how much money they've set aside for retirement. The study found the average retirement savings of Gen X households is only about $150,000, with nearly half of the participants saying they would need a miracle to ever retire. CBS News contributor Javier David has more on the study.

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