In an encouraging twist to recent reports on plunging retirement confidence, Charles Schwab’s latest quarterly retirement pulse survey, released Wednesday, shows more than half (54 percent) of Americans age 65 and older feel confident in their retirement readiness.

This older age set, Schwab reports, is twice as likely to feel confident as those age 18-34 (26 percent). Nearly half (44 percent) of boomer generation respondents express confidence in their retirement readiness.

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