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Are Gen Xers repeating previous generation’s mistakes?

According to a recent survey, 44% of Gen Xers regret spending money on things they didn’t need and 22% regret accumulating debt, which echoes the answers that Baby Boomers gave in the same survey. Furthermore, nearly one-fifth of Gen Xers are supporting their parents, while 71% of them are still supporting their children. No wonder 77% report concern about outliving their retirement savings! 

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