A recent poll finds 52% of Americans say their top financial goals is paying off debt or just getting by, compared to 21% who said their greatest priority was saving for retirement.
The poll of employed Americans was taken in 2008 by the Transamerica Center for Retirement Studies, Los Angeles. The center was founded by Transamerica Retirement Services, a unit of AEGON N.V., the Netherlands.
TCRS found considerable variations among age groups. For instance, among Generation X–those aged from 25 to 44 years–16% said saving for retirement was their main priority in 2008, while 29% of baby boomers–aged 45 to 63–cited retirement as their top goal.