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

Inflation, a lack of savings, and depleted Social Security reserves are adding to fears over retirees’ financial future.

A sign in Columbia, Md. on July 21, 2025. Madalina Kilroy/The Epoch Times

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.