Gen X: Double Your Money with Retirement Plan Contributions in 2021

Gen X: Double Your Money with Retirement Plan Contributions in 2021
Catherine Brock
© Provided by The Motley Fool
Gen X: Double Your Money with Retirement Plan Contributions in 2021
Generation Xers: Are you feeling anxious about your retirement savings? You're not the only one. A 2020 study  from Bank of America concludes that only 23% of Generation X savers are confident about their progress on saving for retirement.
But here's another tidbit to know. Based on your age today, 2021 could be the year you turn things around. That's because you should reach the retirement age of 67 in 12 to 27 years, which means you have time to double, and possibly quadruple, the retirement plan contributions you make this year.

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