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Gen X more hopeless than boomers about retirement More than 80% of baby boomers and Generation Xers polled by Allianz Life believe than retiring at 65 the way they want it is no longer possible, according to this article on Fox Business. More respondents from the Gen X group than baby boomers are less optimistic about their retirement prospects. “While our study confirms that many boomers still lack confidence about their future, it reveals alarming realities about the significant angst and pessimism Gen X feels regarding the current and future state of their finances. They’re the next generation that’s quickly approaching retirement and their hands-off approach to planning and preparation is alarming," said Allianz's Katie Libbe.  --Fox Business

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