A recent survey by Goldman Sachs Asset Management reveals that only 49% of Generation X individuals feel they are on track for retirement, making them the least confident generation. This figure represents a decline from the previous year and is lower than Gen Z, Millennials, and Baby Boomers. Many in Gen X are working more, taking on additional jobs for income, and struggling with everyday expenses, which are cited as the primary obstacle to savings. AI
RANK_REASON The item is a news report based on a survey and expert commentary, discussing trends in retirement confidence across different generations.
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