U.K. Gen Xers Are the Least Prepared for Retirement

A recent study finds that, in the U.K., Gen Xers are the least likely to be on track to meet their “target replacement rate”—the income needed in retirement to maintain a standard of living. While Millennials have benefitted from “automatic enrolment” pensions and Boomers were able to take advantage of “defined benefit” pensions, Gen X is, as usual, cau…