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Article: Generation X Carves out Its Own Retirement-Savings Style; Almost on Par with Baby Boomers in Planning for the Future.
- Article from:
- Business Wire
- Article date:
- September 3, 2003
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Business Editors
NORTHBROOK, Ill.--(BUSINESS WIRE)--Sept. 3, 2003
Forget the stereotype of Generation Xers as undisciplined slackers who are too busy having fun today to worry about saving for tomorrow. It turns out that Gen-Xers are almost on par with Baby Boomers when it comes to planning ahead, according to Allstate's third annual "Retirement Reality Check" survey.
In the Allstate survey, which identifies retirement expectations and savings habits, 30 percent of Generation X respondents said they are "on track" to reach their retirement financial goals--even though their retirement is decades away. Among Baby Boomers, 35 percent surveyed ...