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Camouflage clothing may be having a moment – but in our violent world, is
that wise? | Ellie Violet Bramley
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Some say it’s just ‘a stylish alternative to denim’, but the politics of
who gets to wear military-adjacent garb is increasingly fraught
On a recent visi...
36 minutes ago
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“I worry that I’m going to be 15 years behind in retiring and all that stuff, and so I’ll be like 90 when I retire,” Boylan said.
Many Gen Xers fear they will never make up ground lost in the deep economic downturn of 2007 to 2009 and the years of slow growth since. Even those who have held on to jobs over the past few years have good reason to feel like they didn’t really get ahead, experts say, because median income has been relatively flat for more than a decade.
Gen Xers also have had trouble building up wealth as they deal with the fallout of the housing bust and struggle with the high costs of education and health care.
Average debt: $111,000
A Census Bureau report released this year found that people ages 35 to 44 saw the biggest decline in net worth between 2005 and 2010. For those households, median net worth declined 59 percent, to $33,200, in 2010. The housing bust and the stock market were likely the biggest culprits.
A separate study from credit reporting firm Experian, released this year, found that Generation X is shouldering the most debt of any age group, with average mortgage, credit card and other debt totaling more than $111,000.
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