Gen X Workers Staring Down a ‘Retirement Crisis,’ Apollo Chief Economist Warns

Gen X Workers Staring Down a ‘Retirement Crisis,’ Apollo Chief Economist Warns

A wide array of factors is leading Generation X U.S. workers to face a looming “retirement crisis,” says Torsten Slok, chief economist at Apollo Wealth Management. One factor is that fewer than one in six U.S. workers aged 45 to 54, which falls squarely in the Gen X category, contributed the maximum to their 401(k) accounts, according to data from Vanguard’s “How America Saves 2025” report. This year, the employee contribution limit to 401(k)s w…