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Responding to a long, thoughtful articlein last Sunday’s New York Times about the predicament of America’s next generation of retirees, a reader from Minneapolis named Patrick cut to the chase: “I’m a Gen Xer. None of my siblings or friends save a dime.”

In so many words, he summed up a new report from the consulting firm PwC (formerly known as PricewaterhouseCoopers). The report, the 2013 edition of an annual temperature-taking of working people’s financial wellness, portrays Generation X—the roughly 85 million Americans 32 to 52 years of age—as the most direly affected by the savings crisis.

And they know it. Less than 40 percent of this group told PwC that they are confident about their retirement. Of those over 50, it’s less than a quarter.