NU Online News Service, Oct. 20, 2004, 3:10 p.m. EDT/By Trevor Thomas
Americans in the silent generation are more likely than either generation Xers or baby boomers to believe they are financially prepared for retirement.[@@]
84% of silent generation members describe themselves as “very” or “somewhat” prepared for retirement, compared to 73% of gen-Xers and 74% of boomers, according to the 2004 “Retirement Reality Check” survey by Allstate Insurance Company, Northbrook, Ill. It was Allstate’s 4th annual study of Americans’ retirement planning.