Posted 12/25/2023, 11:08:00 AM
Gen X Grapples with Debt, Insecurity Despite Rebound Since Recession
- Gen Xers are the most financially insecure generation, with 50% reporting they do not feel financially secure
- Gen X holds the most debt of any generation, at $7.1 trillion
- On average, Gen Xers spend more than any other generation, at $91,382 per year in 2022
- Gen X rebounded wealth-wise after the Great Recession, unlike other generations
- Gen Xers tend to stay silent about their struggles compared to more vocal generations like millennials