Gen X better start investing more for retirement

According to a study by the Center for Retirement Research at Boston College, "retirement is likely to be an even greater financial challenge for Generation X, now in their 30s and 40s" than for their boomer parents who are so often the focus of hand wringing about insufficient retirement preparation. The decline of pensions, longer lives, and higher Social Security retirement ages are among the factors affecting Gen X even more than boomers. "The upshot: unless 30- and 40-somethings start saving more and making plans to work longer, they’ll be unable to maintain the lifestyle to which they are growing accustomed." Learn more at the Squared Away Blog (an excellent resource): http://squaredawayblog.bc.edu/squared-away/retirement-tougher-for-boomer-children/