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Gen X, Y Start Retirement Savings 10 Years Earlier than Parents
TD Ameritrade in InsuranceNewsNet
Aug. 28, 2012 "Nearly 60 percent of Gen X (59%) and Gen Y (56%) make regular, automatic contributions toward their retirement savings, compared to 46 percent of non-retired Baby Boomers. And when it comes to getting a jump on their nest egg, younger generations are eager to get started -- both Gen X and Gen Y started saving for retirement, on average, in their mid- to late-twenties. That's nearly a decade earlier than Baby Boomers who, on average, stared saving at age 35." MORE >> |
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