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Gen-X'ers ahead for retirement

 

Last updated 9/27/2007 at Noon



Generation X’ers are well ahead of other generations when it comes to saving for retirement, according to a new study from financial brokerage firm Edward Jones. The study shows that each generation has begun to save at a younger age. Sixty-eight percent of the work force between the ages of 25 and 34 say they have already started saving for their retirement, yet only 34 percent of those over 65 say they began saving before they were 34 years old.

Note: The survey of 1,008 US adults was carried out by Opinion Research Corporation on June 28. The margin of error was +/- three percent.

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