This. Also, we take 401(k)'s for granted, but even those are only a little more than 40 years old, and widespread use did not happen instantly. That Gen X didn

This. Also, we take 401(k)'s for granted, but even those are only a little more than 40 years old, and widespread use did not happen instantly. That Gen X didn't make hefty use of them is hardly surprising, given the limited access along with the limited education in place. Their parents had defined benefits pensions. Their children have commission free IRA's, 401(k)'s, variable annuities, and a handful of other lesser known alternatives. They got the 70s and 80s economies to grow up in, and the dot com bubble, GFC, and now a looming recession after many got sucked into some YOLO moonshot plays in the bull market of 2021, upon realizing how much ground they needed to try to make up rapidly. I don't envy their situation.