Gen X is running out of runway. Pensions are gone, costs are up, and the average nest egg won’t cut it. Here’s the realistic fix—starting now. Authors Kerry Hannon and Janna Herron (Retirement Bites) break down what’s changed since Gen X started working—and what you can still control. Contribution math at 50+, tax-smart account order, and the caregiving-retirement tradeoffs no one explains. Correction: When Janna said that Social Security benefits would shrink by 77% if the reserve funds run out, she misspoke and meant to say that people would get 77% of their full Social Security benefits if the reserves run out. Inside:
- Why many Gen Xers are under-saved (and the 3 levers left to pull)
- Optimize 401(k)/IRA/HSA in a high-inflation world
- Roth conversions in peak earning years—when they make sense
- Caregiving + retirement without burning both ends
- Social Security reality check: COLA, spousal benefits, claiming age
