Xer - WeTekst News

Tag: Xer

How a Gen Xer went from declaring bankruptcy at 30 to being on track to retire early in her 50s

Chris Elle Dove is set to retire early, two decades after declaring bankruptcy.Chris Elle Dove Chris Elle Dove, once bankrupt, is set to retire early with over $1.5 million net worth. She transitioned from earning $50,000 a year as a professor to investing full-time. Her strategy includes living minimally, investing in real estate, and keeping […]

A Gen Xer got $110,000 in student loans forgiven after he’d paid off more than he borrowed. It’s allowed him to scrap his plans to work part time in retirement.

Steven Perry, 58, got $110,000 in student loans forgiven last August. It was a result of Biden’s one-time account adjustments for PSLF and income-driven repayment plans. Perry said he wasn’t expecting the relief, but it opened up financial freedom to save for retirement. Steven Perry, 58, was never anticipating student-loan forgiveness — even after making […]

A Gen Xer got $110,000 in student loans forgiven after he’d paid off more than he borrowed. It’s allowed him to scrap his plans to work part-time in retirement.

Steven Perry, 58, got $110,000 in student loans forgiven last August. It was a result of Biden’s one-time account adjustments for PSLF and income-driven repayment plans. Perry wasn’t expecting the relief, but it opened up financial freedom to save for retirement. Steven Perry, 58, was never anticipating student-loan forgiveness — even after making payments for […]

A Florida Gen Xer who earned over $300,000 secretly working multiple remote jobs shares why he’s ‘far from rich’

A Florida Gen Xer who made over $300,000 last year secretly working multiple remote jobs says he’s “far from rich.” The subject of the story is not pictured. howtogoto/Getty Images A Florida-based Gen Xer made over $300,000 in 2023 secretly working multiple remote tech jobs. While the extra income has allowed him to travel more, […]

Here’s What the Average Gen Xer Has Saved for Retirement. The Number Might Surprise You

Saving for retirement can be a difficult thing at many stages of life. In your 20s, you may have a hard time finding the money for your long-term savings when you’re deep in the throes of repaying student loans. In your 30s, you may be saving for a house and paying an exorbitant amount of […]

A Gen Xer who got $250,000 in student loans forgiven said he can now finally start saving for retirement — and consider his dream of studying in India

Joel Lambdin, 49, got $250,000 in student loans forgiven.Joel Lambdin Joel Lambdin, 49, received $250,000 in student-loan forgiveness in January. It’s a result of the Education Department’s one-time account adjustments. Lambdin said the relief will allow him to save for retirement while considering longer term dreams. Joel Lambdin finished graduate school in 1998 — but […]

‘I’ll Likely Die Before I Can Retire’ – Gen X, ‘The Forgotten Generation’ Is Struggling With ‘Virtually Nonexistent’ Retirement Accounts – The Average Gen Xer Has Only $40,000 Saved

As Generation X edges closer to the traditional retirement age, with the oldest members born in 1965, a palpable sense of financial unpreparedness permeates this cohort. Insight from a Fortune article featured on Yahoo Finance, fueled by responses from numerous Gen Xers, lays bare the anxieties many feel about their retirement readiness. In addition to […]