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Fortune

Jason Ma

Gen X is the least confident about retirement as 'crunch time' nears—and has done less to prepare than boomers or millennials

Millennials Allianz Kelly LaVigne

worried couple looking at bills (Credit: Getty Images)

The cohort once derided as the "slacker generation" is about to start heading into retirement, and many Gen Xers aren't feeling so optimistic about it after not doing as much to get ready.

Only 62% of Gen Xers feel confident about "being able to financially support all the things they want to do in life," according to Allianz Life Insurance's 2024 annual retirement study. That's well below baby boomers (82%) and millennials (77%).

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