The Retirement Paradox: Identity Crises and 401(k)s As members of Generation X approach retirement, they're facing a crisis that goes far beyond mere financial planning.
Saving for retirement is often seen as a matter of math, not identity. But for many Gen Xers, this transition poses an existential question: who am I when I'm no longer the one with the answers?
The numbers tell a stark story. Only 14% of Gen X workers have traditional pensions, compared to 56% of baby boomers.