6/9/2014 – Tough times ahead for Gen X as finances lag

When it comes to saving for retirement, the “slacker” generation is living up to its nickname.

Generation X is falling behind its parents’ generation in saving for retirement, although its lagging assets are due to issues such as bad timing — buying houses during the run-up in the real estate sector — and a decline in income during the recession.

Read the full article at CBS MoneyWatch.