The Stunning Fall Of Generation X [CHARTS]

10 PHOTOS
The Stunning Fall Of Generation X [CHARTS]
See Gallery
The Stunning Fall Of Generation X [CHARTS]
While Generation Xers got a lot richer over the past two decades, this was primarily due to them entering the workforce. Older generations saw larger real gains.
Young generations have stopped getting richer over time.
37-year-old Americans today are actually much poorer than 37-year-olds in 1983.
The recession dealt a devastating blow to Gen X, knocking median net worth from $75,077 in 2007 to a paltry $41,600 three years after the recession.
Meanwhile Gen Xers are drowning in debt.
By 2010, Gen Xer's assets were less than twice as much as their debt load, making them more likely to take on more debt as they struggled to pay for housing, student loans and car payments.
Even before the recession, Generation Xers were less prepared for retirement than previous generations at the same age.
nd at the rate they're earning today, if Gen X doesn't start accumulating more wealth now, they're facing a far less cushy retirement than their elders.
of
SEE ALL
BACK TO SLIDE
SHOW CAPTION +
HIDE CAPTION