Americans, on the whole, are in debt, but Gen Xers are in more debt than most. Gen Xers are between 46 and 61 years old, and according to Experian (1), in 2025, they owed an average of $158,105 in total consumer debt.
Unfortunately, as members of this generation get nearer to retirement, carrying substantial amounts of consumer debt becomes an increasingly big problem as it creates tough choices about whether to prioritize payoff or retirement savings. It also raises questions about whether it's even possible to retire with high monthly debt payments.
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Unfortunately, as members of this generation get nearer to retirement, carrying substantial amounts of consumer debt becomes an increasingly big problem as it creates tough choices about whether to prioritize payoff or retirement savings. It also raises questions about whether it's even possible to retire with high monthly debt payments.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake — here's what it is and 3 simple steps to fix it ASAP
Millionaires under 43 hold only 25% of their wealth in stocks. Here's where their money is actually going
23 days ago
