{'byline': 'by Stephanie Raymond', 'hosts': '', 'byline_sources': '', 'hide_author': True, 'audience_id': '', 'original_station': [{'station': 'wwjnewsradio', 'path': 'wwjnewsradio/news/national/nearly-half-of-gen-xers-say-they-need-a-miracle-to-retire'}], 'syndicated_items': [{'station': 'wben', 'path': '/wben/news/national/nearly-half-of-gen-xers-say-they-need-a-miracle-to-retire'}, {'station': 'kdkaradio', 'path': '/kdkaradio/news/national/nearly-half-of-gen-xers-say-they-need-a-miracle-to-retire'}, {'station': 'wbbm780', 'path': '/wbbm780/news/national/nearly-half-of-gen-xers-say-they-need-a-miracle-to-retire'}, {'station': 'kdawn', 'path': '/kdawn/news/nearly-half-of-gen-xers-say-they-need-a-miracle-to-retire'}, {'station': 'talk980am', 'path': '/talk980am/news/national/nearly-half-of-gen-xers-say-they-need-a-miracle-to-retire'}, {'station': 'wccoradio', 'path': '/wccoradio/news/national/nearly-half-of-gen-xers-say-they-need-a-miracle-to-retire'}, {'station': 'kmox', 'path': '/kmox/news/national/nearly-half-of-gen-xers-say-they-need-a-miracle-to-retire'}, {'station': 'knss', 'path': '/knss/news/national/nearly-half-of-gen-xers-say-they-need-a-miracle-to-retire'}, {'station': 'wtic', 'path': '/wtic/news/national/nearly-half-of-gen-xers-say-they-need-a-miracle-to-retire'}, {'station': 'wwl', 'path': '/wwl/news/national/nearly-half-of-gen-xers-say-they-need-a-miracle-to-retire'}, {'station': '1210wpht', 'path': '/1210wpht/news/national/nearly-half-of-gen-xers-say-they-need-a-miracle-to-retire'}, {'station': 'kmbz', 'path': '/kmbz/news/national/nearly-half-of-gen-xers-say-they-need-a-miracle-to-retire'}, {'station': 'kcbsradio', 'path': '/kcbsradio/news/national/nearly-half-of-gen-xers-say-they-need-a-miracle-to-retire'}], 'original_item': {'_index': 'published-content_v44', '_type': '_doc', '_score': None, '_source': {'date': '2024-06-18T15:41:23.159+00:00', 'lead': [{'data': {'title': "America's Retirement Crisis - Are 401(K)s to Blame?", 'thumbnail_url': 'https://s1.dmcdn.net/v/WTow01cQrSLB9vrpv', 'id': 'x90af0g', 'created_time': 1718308326, 'mode': 'vod', 'private_id': 'k6drXbIVrE2IuWARqz6', 'owner': 'x2yit90', 'description': "America's Retirement Crisis - Are 401(K)s to Blame?", 'channel': 'news', 'tags': ['WWJAM', 'News', 'AP News', 'Retirement', '401K', 'finance'], 'private': True, 'addPublic': False}, 'original_ref': 'www.audacy.com/_components/dailymotion/instances/clxkkmntr002e01pktk41h9dv@published'}], 'slug': 'nearly-half-of-gen-xers-say-they-need-a-miracle-to-retire', 'tags': ['National News', 'Audacy News', 'Retire', 'Finances', 'Savings', 'Retirement', 'KRLD-AM'], 'feeds': {'msn': True, 'rss': True, 'postup': True, 'facebook': True, 'newsfeed': True, 'sitemaps': True, 'frequency': True, 'smartNews': True, 'apple-news': False, 'smart-news': True, 'most-popular': True, 'reversechron': True, 'google-news-feed': True}, 'hosts': [], 'adTags': {'original_ref': 'www.audacy.com/_components/ad-tags/instances/clxkkmntq001v01pk58vj3grv@published'}, 'byline': [{'hosts': [], 'names': [{'name': 'Stephanie Raymond', 'slug': 'stephanie-raymond', 'text': 'Stephanie Raymond'}], 'prefix': 'by', 'sources': []}], 'teaser': 'Retire in the US? Nearly half of Gen Xers say they need a ‘miracle’ to make it happen', 'authors': ['Stephanie Raymond'], 'content': [{'data': {'text': 'As Generation X approaches retirement, many of its members are realizing that they may have to work longer than originally planned.', '_version': 2, 'componentVariation': 'paragraph'}, 'original_ref': 'www.audacy.com/_components/paragraph/instances/clxkkmntq001z01pki5r7lx1o@published'}, {'data': {'clipSrc': 'https://omny.fm/shows/krld-news/inflation-hitting-parents-of-younger-kids-hard', 'clipURL': 'https://omny.fm/shows/krld-news/inflation-hitting-parents-of-younger-kids-hard', 'embedSize': 'default', 'componentVariation': 'omny'}, 'original_ref': 'www.audacy.com/_components/omny/instances/clxkkmntq002001pki21vjj8n@published'}, {'data': {'text': 'According to new survey findings released by <a href="https://www.im.natixis.com/en-us/insights/investor-sentiment/2024/gen-x-report">Natixis Investment Managers</a>, 2 in 5 Gen Xers (41%) say that it will take a "miracle" to be able to retire securely. Nearly a quarter (22%) think they will never be able to retire.', '_version': 2, 'componentVariation': 'paragraph'}, 'original_ref': 'www.audacy.com/_components/paragraph/instances/clxkkmntq002101pk7fg0wyb1@published'}, {'data': {'text': "As the oldest Gen Xers (born between 1965 and 1980) are set to turn 60 in 2025, retirement is rapidly approaching and their resiliency is being tested in a new way. The report paints a stark picture of Gen X's retirement, highlighting a disparity between their expectations and reality.", '_version': 2, 'componentVariation': 'paragraph'}, 'original_ref': 'www.audacy.com/_components/paragraph/instances/clxkkmntq002201pkm0hb0pl1@published'}, {'data': {'text': 'According to the report, Gen Xers want to retire at age 60 -- eight years earlier than the anticipated retirement age of Baby Boomers (who want to retire at age 68). Gen Xers anticipate a retirement period lasting only 20 years, which is shorter than many retirees actually experience.', '_version': 2, 'componentVariation': 'paragraph'}, 'original_ref': 'www.audacy.com/_components/paragraph/instances/clxkkmntq002301pkg68vv8sk@published'}, {'data': {'text': '"Underneath the numbers, the reality is that this group of investors, with a median household income of $150,000, have a median retirement savings of only $250,000 today -- hardly enough to carry them over 20 years," the report noted.', '_version': 2, 'componentVariation': 'paragraph'}, 'original_ref': 'www.audacy.com/_components/paragraph/instances/clxkkmntq002401pkugs6mak0@published'}, {'data': {'clipSrc': 'https://omny.fm/shows/something-offbeat/10-years-later-has-the-malaysia-airlines-flight-37', 'clipURL': 'https://omny.fm/shows/something-offbeat/10-years-later-has-the-malaysia-airlines-flight-37', 'embedSize': 'wide-simple', 'componentVariation': 'omny'}, 'original_ref': 'www.audacy.com/_components/omny/instances/clxkkmntq002501pkucmov4n4@published'}, {'data': {'text': "Many Gen Xers are preparing for the possibility of having to delay or make significant adjustments to their retirement plans. According to the survey, 44% accept they may have to work longer, and 30% worry that they will be forced to return to work after retirement. At the same time, 27% are worried they won't be able to work as long as they would like.", '_version': 2, 'componentVariation': 'paragraph'}, 'original_ref': 'www.audacy.com/_components/paragraph/instances/clxkkmntr002601pkx6ul54gr@published'}, {'data': {'text': 'Dwindling benefits due to public debt is a also major concern. The survey shows 76% of Gen Xers are worried that increasing public debt will result in reduced retirement benefits. Another 57% believe it will be hard to make ends meet without benefits.', '_version': 2, 'componentVariation': 'paragraph'}, 'original_ref': 'www.audacy.com/_components/paragraph/instances/clxkkmntr002701pk1j8kfdoa@published'}, {'data': {'text': "The survey also shows that Gen X fears healthcare costs will destroy their retirement savings: Almost a third (31%) worry that they'll go broke trying to cover healthcare costs in retirement.", '_version': 2, 'componentVariation': 'paragraph'}, 'original_ref': 'www.audacy.com/_components/paragraph/instances/clxkkmntr002801pkd56hkvj9@published'}, {'data': {'text': "Those long-range concerns are compounded by today's inflation, which 41% of survey respondents say is killing their dreams of retirement. Almost two-thirds (64%) report saving less because they are facing higher everyday costs.", '_version': 2, 'componentVariation': 'paragraph'}, 'original_ref': 'www.audacy.com/_components/paragraph/instances/clxkkmntr002901pkgtorr3zh@published'}, {'data': {'text': "While it's not surprising for investors in this "pre-retirement" phase to feel a degree of anxiety, Gen Xers have "unique challenges as they consider their retirement plans," according to Dave Goodsell, executive director of Natixis Center for Investor Insights.", '_version': 2, 'componentVariation': 'paragraph'}, 'original_ref': 'www.audacy.com/_components/paragraph/instances/clxkkmntr002a01pkb0p0njmh@published'}, {'data': {'clipSrc': 'https://omny.fm/shows/the-on-deadline-podcast/americans-spend-big-on-travel-even-though-theyre-w', 'clipURL': 'https://omny.fm/shows/the-on-deadline-podcast/americans-spend-big-on-travel-even-though-theyre-w', 'embedSize': 'wide-simple', 'componentVariation': 'omny'}, 'original_ref': 'www.audacy.com/_components/omny/instances/clxkkmntr002b01pkuv4wlrgd@published'}, {'data': {'text': '"Gen Xers are the Jan Brady of demographics. They\'re sandwiched between Baby Boomers and Millennials, and they\'ve been overlooked," Goodsell said in a <a href="https://www.businesswire.com/news/home/20240618602392/en/Reality-Bites-as-Generation-X-Approaches-Retirement-and-More-Than-1-in-5-Say-They-Will-Never-Retire-Finds-Natixis-Investment-Managers-Survey">statement</a>. "Now many find themselves caring for both aging parents and growing children while under pressure to fund their retirement."', '_version': 2, 'componentVariation': 'paragraph'}, 'original_ref': 'www.audacy.com/_components/paragraph/instances/clxkkmntr002c01pkh1k9kgxw@published'}, {'data': {'text': 'The survey shows that Gen Xers are split on how much financial freedom they will have in retirement. While many (43%) anticipate having "the freedom to do what I want, when I want," almost half (48%) say they have no choice but to live frugally, and 29% worry they will have to move somewhere less expensive.', '_version': 2, 'componentVariation': 'paragraph'}, 'original_ref': 'www.audacy.com/_components/paragraph/instances/clxkkmntr002d01pk3maxvbfj@published'}], 'feedImg': {'data': {'alt': 'no money for retirement', 'url': 'https://images.radio.com/aiu-media/GettyImages1326446131-d554c895-2716-432f-b9fe-866ec287a2a9.jpg', 'width': 724, 'credit': 'Getty Images', 'height': 483, 'mimeType': 'image/jpeg', 'sizeInBytes': '13207', 'componentVariation': 'feed-image'}, 'original_ref': 'www.audacy.com/_components/feed-image/instances/clxkkmntq001w01pk3f8vg1ju@published'}, 'sources': [], '_version': 24, 'featured': False, 'headline': "Retire in the US? Nearly half of Gen Xers say they need a 'miracle' to make it happen", 'isCloned': True, 'msnTitle': "Retire in the US? 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