The youngest and oldest working-age adults are the most confident in their ability to retire and maintain current lifestyle, a new report shows.

OneAmerica Financial Partners, Inc., Indianapolis, discloses this finding in a new survey of 6,360 visitors to the company’s participant website to determine how they learn about finances and prepare for retirement, what resources are most effective and how confident they are with their retirement preparations. OneAmerica plans to replicate in coming years to gauge progress in helping participants prepare for retirement. 

Forty-four percent of those age 20 to 30 and 45 percent of those over 50 are either “confident” or “very confident,” the research shows. Only 37 percent of those 30 to 40 years old and 35 percent of those 40 to 50 responded with such confidence. 

The 40- to 50-year-old group is also the group with the most respondents (25 percent) who say they are “completely doubtful” or “not confident” in their ability to retire and maintain current lifestyle. 

“The drivers of retirement confidence likely vary from generation to generation,” says Marsha Whitehead, vice president of marketing communications for the retirement services division. “Younger people may be overly confident because retirement seems so far off to them, whereas older people may be drawing confidence from their life experience or may have adjusted their expectations.”