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Very good info. Graphs and charts are excellent! We went N too. I think many on G were prodded by their agents.

This is weird… must be AI generated to some extent. The way he moves his mouth real big. I saw another video with the same weird mouth movements that are very big and don’t match the words.

Gen X and I’m very well prepared. I’ve always regarded every job as temporary and built an exit door for myself because i knew employers aren’t realiable. I’m very glad i did.

I’m 72% stocks 18% fixed investments Cds, high interest savings, laddered fixed annuities which earn 4 to 5 percent.

I’m 72% stocks 18% fixed investments Cds, high interest savings, laddered fixed annuities which earn 4 to 5 percent.

The situation is dire but we are incredibly fortunate to now have the smartest businessmen on Earth currently in power and working on fixing the problems instead of making them worse.

I am an aggressive index investor. You can't know the future, but if you had moved 70% of your stock allocation in 2017 to VTI you would have a LOT more money now. I'm still working but am about 3 years out and I'm currently 100% stocks. I'm in about 12 funds to be diversified, but when I hit 59.5 I intend on moving everything out of my 403b and essentially use a Rick Ferri Core Four approach. VTI, VXUS, and then some short term and intermediate term treasury bonds plus money market. I don't want to deal with the logistics of I-Bonds or TIPS ladders. Stocks will almost always way outperform inflation, at least that is historically true. So my allocation will be 70%/30% with a 2 Bucket to keep it simple. Just my 2 cents :) Stay the Course.

My mother was a fiercely independent woman. When she was 71, she received a call from the SSA and was asked why she hasn’t applied for her SS benefit. My mom explained that although she grew up in the Great Depression and struggled to survive, she never accepted handouts or welfare. The SSA employee stated that it isn’t welfare because you paid into the system. Nevertheless, my mom elected to not accept it out of pride.

55% LCB ...15% LCV ... 15% SCB ... 15% SCV 4 years cash in MM (which is 6% of the whole pie)

GenX will be just fine - they're going to inherit trillions!

If you were born in 1956, then I wouldn't say you're a late boomer. Boomers: 1946 - 1965

TMI. way TMI!

My planned guide plan: 40/40/20 rising to 70/20/10 over 20 years. Protection of SORR early and protection of inflation later. I use Boldin and Quicken for Mac.

I just went with N and have not seen a doctor yet

I understand none of this, so I must not be your intended audience.

I agree with you on international index funds. You already get 30% to 40% international revenue exposure with the S&P.

Exactly what I plan to do. Rising glide path

Thank you, Jim. At a low safe withdrawal rate of between 2 and 3%, any asset allocation will likely work with supercharged risk capacity.

I'm pretty much the same, Jim. At 74 my asset allocation has risen as I've aged, for the same reasons you gave. I have a 70% equity position as a maximum, but presently it is about 65%. 2/3 of my stash is in taxable accounts because I had no workplace IRA. But I saved a lot anyway. The major problem was all these taxable dividends I was getting. It messed up my taxable income, so I started using these "defined outcome ETFs". I can get a bond like return but with excellent tax efficiency. The downside is they are a bit expensive,, so they are only used in my taxable account. A ticker example is DMAX. Great to see you doing so well, Jim.

Taking SS at 62 even if you don't need it and depositing in a Roth IRA and Savings account would be better than waiting If you are disciplined. A bird in hand is worth 2 in the bush Having a n account of 80-120K much better than a couple hundred more a month at 70 yrs old.

GenX here. I retired at 51. I think there's a saying: "The best time to plant a tree is 20 years ago, The second best time is today." Solid advice to invest heavily in 401k/Roth IRAs and live frugally if you are nearing retirement age with little or no retirement savings

Maxing your pension time (if you lucky enough to have one) and maxing your 401(k) and Traditional or Roth IRA should be the priority, not maxing Social Security benefits, especially if you are making equal to or exceeding the maximum earnings amount subject to Social Security taxes, which is now $176,100 for 2025. Social Security will never come close to replacing your income during your working years, you're going to need more to maintain your standard of living during retirement.

The last four years the stock market has doubled, i got rich this last 4 years. I sold more than half, because the next 4 years there will be a big correction. Trump has some very unstable suggestions, so i am being safe at my age. I always put 10 to 15% of my wages in my 401k, now i get a pension, 401k, and SS. I took a medium level job, i never wanted to get into management, Keep everything simple and investing wisely,,,,,

oh please,,,,i see all of these young people and even gen x driving new cars, payments $600 and up. When u buy an expensive car u can add another $300 a month or more on insurance. I always drove my car at least 8 to 10 years, which kept my insurance low. I do not need to upgrade my phone each year, and i also cook my own food. I do not need to eat out everyday at work, i always brought my lunch to work. I also do not go to Starbucks, my coffee made at home is enough. Nowadays, its seems people eat out almost everyday, because too lazy to cook. There are so many good recipes to make fresh food at home, and does not take that much time. I just laugh when people say they cannot afford eggs or gas, there might be some hardships stories which are true. I know people who complain about money, yet they have a $600 car payment.....no tears from me

As a gen-Xer, i am wondering why boomers think that after throwing us out the door and ignoring us, that we want their advice? I may never retire. None of your business.

Excell spreadsheet does not calculate the qualitity of life at 80 compared to 62? If you can meet your needs on early retirement maybe Excell that is the important part.

I was born in 1969. I'm SO very glad to have a pension. It's what gets me out of bed every morning to go to work.

Born in 1960. Took a lucrative early retirement package in 2019 at 59 years old. I was an IT Executive for a Fortune 500. Got bored and went back to work by choice, not by necessity. Will be on Medicare in July then will retire once and for all. Will probably wait until FRA to collect SS since it’s a $450 per month difference and I don’t need it right now. Definitely serious decisions to be made, but we all have to do what is best for only us. 6:19 I would recommend “The Millionaire Next Door”. The principles outlined there work. Ask me how I know. 😂

Wah wah wah. I am sick and tired of hearing people complain about how easy Boomers had it. I'm a boomer. I had a full-time job before finishing high school. I worked full-time while earning a Masters degree, running a business and raising two millenials (who were not cheap by the way). I also endured a costly divorce. I still managed to save enough to finance a comfortable retirement and leave a sizable inheritance to my kids. If you've made bad decisions, own it instead of blaming someone else for your woes.

Less for longer, and more for less time. Bingo

GenX '75, definitely not where I wanted to be financially but I'm just ramping up my high earning years, so I'm optimistic.

Born 1971. 54 years old. Just hit my first million. Did it with real estate over the last 17 years.

I'm a Gen Xer born 1968. My husband just turned 60. We aren't expecting to retire. My husband just changed careers. The year that I should be able to retire, age 67, social security will be bankrupt. So, all those hundreds of thousands of dollars that I paid in were just wasted. Therefore, I hope the baby boomers enjoyed the comfortable life that my generation afforded them. Thanks for nothing, boomers have been spending our inheritance since we were small children. The Bellamy brothers were right. In case you don't know what that means, just go listen to the song " Kids of the Baby Boom."

GenX here, we saved enough to retire in our early 50's. Yea I might work some silly non important job, but all my friends are looking at retiring earlier than 60 too by design and they are GenX too. We all hate working in the corporate world at this point mostly because of the boomers and their refusal to retire and insistence on doing every "their way". I might be an anomaly but honestly all the X'ers i know are ready to retire early and are all pretty financially independent already. We are well aware that the boomers will kill social security like they have most everything else in the US here.

you're waiting for 70 because you're hard up

I’m GenX. I’ll retire later this year in my mid-50’s. I’m very well prepared. What prompted me was never having job security from my first job. I have never regarded employment as a safe bet, so I’ve been building an exit door from the jump. This relationship to work, knowing it isn’t secure, will inform how upcoming generations operate and use money.

I’m Gen X and out of all of my Gen X friends, I’m the only single one who is ready for retirement, the other singles aren’t and spent a fortune living above their means. The only other Gen x people I know who have enough for retirement are couples who have enjoyed double incomes for 30 years or more, they’re loaded and have multiple properties. I should have met someone I guess 😂

Boomer here. I’m very sorry that everyone is suffering across the board largely due to post-COVID crap. The best advice I can give anyone is to live as far below your means as possible and save what you can, putting money in savings or retirement account; sacrifice is going to be required from now on. What a mess. I wish you all well.

Why is the last point you made regarding survivors benefit s so incredibly controversial! I have been trying to nail this down for years, I've called social security, visited social security in person and the both assured me what you said is not correct, I've watched countless utube expert's and about half say what you are saying, about half say no, survivors benefit's never rise above the full retirement benefit,.. I'm about at my whits end on this subject, and I'm about 14 months from full retirement age, I guess I'll just wait to 70 and hope to God your correct and if I die my wife will get the extra benefits. She is 3 years younger than me and we decided to take hers when she turned 62 since the math didn't add up for her ever getting any more with spousal benefits, I also hope that decision never factors into a future equation. And last but not least, I am hopeful that when we file a joint return my income dose not force her to repay a portion of her check since she is not working out of the home.

GenX'er that is apparently bucking the trend. Been living on a budget for almost 20 years, saving diligently that whole time. S&P500 index funds have been good to us. We'll be retiring 7 to 10 years early, depending on how you calculate that number. The key is learning to live well...on less than you make. Just about anyone can do it, but the sooner you realize that pride goeth before the fall, the sooner you start to get ahead of the game.

Gen X ✋️ We retired 52 and 55.

I was born in 1970. I have 2 pensions and a 401K. I've been tracking my financial readiness for retirement for decades. I have always assumed Social Security would no be there for me. I plan to retire at age 63.

The government will take care of us!...stimmy checks every month...turn the money printer back on. Bahahahaha! Yeah right. This world is a kleptocracy controlled by oligarchs. And the rest of us are all wage slaves. So lucky to be alive in this brief moment in history.

The trust fund will only be depleted when trump tries to divert the trust’s funding. Be ready to convince your representatives to not allow trump’s grift. It’s going to be a hard sale.

I was born in 69 and I retired 3 years ago. I suspect most genXers are unprepared because their AWFUL genX wives spent all their money, then took over half of what they didn't waste and divorced them. I learned my lesson early, divorced my wife and didn't remarry.