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10/28/97: From Business Week: GENERATION $ IS MORE LIKE
IT: Twentysomethings aren't slacking on personal savings. Excerpt: Survey after survey reaches the same gloomy conclusion
about savings: Americans are clueless about the importance of putting money away
for their retirement years. Little wonder families are still saving barely 4% of
their after-tax income, despite six years of economic growth. But now comes a
glimmer of hope from--of all people--the nose-ring set. Members of Generation X,
those 45 million Americans in their 20s and early 30s, seem more anxious to save
than their baby boomer parents.
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