Gen Xers Earning Up to $100,000 a Year Won't Retire Like Boomers Did. They're Embracing This Strategy Instead. Twenty percent of American adults aged 50 and up have no retirement savings.

By Amanda Breen Edited by Jessica Thomas Oct 21, 2024

Sixty percent of retirees plan to or already have undertaken a "retirement reinvention."
Many of them will find new ways to make some extra cash — out of necessity.

Sixty percent of retirees plan to or already have undertaken a "retirement reinvention" — transitioning into a new version of themselves during their golden years, according to a survey commissioned by IHG Hotels & Resorts and conducted by Talker Research.

The change might involve hobbies or volunteer work for some retirees — and new jobs for others.

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Gen Xers Earning Up to $100,000 a Year Won't Retire Like Boomers Did. They're Embracing This Strategy Instead. Twenty percent of American adults aged 50 and up have no retirement savings.

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