Study Finds Generation X Is Ill-Prepared For Retirement Years

Only 55 percent have a retirement plan, according to NIRS report

A Social Security card sits alongside checks from the U.S. Treasury in Washington on Oct. 14, 2021. Kevin Dietsch/Getty Images

As people born between 1965 and 1980—also known as Generation X—approach retirement age, a new study finds them unprepared financially.

The study from the National Institute on Retirement Security (NIRS) sees “dismal” prospects for the so-called Forgotten Generation compared with more financially influential baby boomers.