How the GFC killed the Gen X’s retirement

Generation X in the United States has been affected most by the economic downturn in 2008. The Global Financial Crisis has caused the Gen X to be the least financially secure age group experiencing downward mobility in retirement. Gen X is a term used for those born between the mid 1960’s and 1980.  For more information, please see http://www.smh.com.au/business/world-business/stupid-and-contagious-how-the-gfc-killed-genxs-retirement-20140610-39vdy.html