As we spoke about intergenerational differences in workforces and economies throughout times, Azriel James Reiph wrote for the Newsweek magazine of November 12 that " Despite looming concerns over entitlement cuts, the percentage of workers between the ages of 25 and 35 who say they’ve saved for retirement has fallen by 22 percent in the last decade, according to the Employee Benefit Research Institute".
Due to the negative image of our current economy and the financial world, generation X is being more conservative in investing for their retirement. But the fear of loosing now or risking in in stocks may put them in a situation that will prevent them from retiring at the same levels of the present generation.
As proposed by Cathy Pareto "“We aren’t like our parents or grandparents,” but the safety and low yield bonds favored by the gen X may cause them a delay of 10 years in their retirement age!http://www.newsweek.com/2010/11/12/generation-x-has-jitters-about-investing.html
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