Savings & Retirement

Generation X Is Worried That Social Security Won’t Survive

Survey finds Americans born between 1965 and 1980 are concerned that government benefits won’t be there to support them in retirement.

Photographer: Kevin Dietsch/Getty Images
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More than half of the people classified as Generation X say they won’t be financially prepared for retirement.

To make matters worse, only 45% of Gen X — Americans born between 1965 and 1980 — said they were “very or somewhat confident” that Social Security will be there to support them when they need it, according to a survey released Monday by Northwestern Mutual.