In an encouraging twist to recent reports on plunging retirement confidence, CharlesSchwab’s latest quarterly retirement pulse survey, releasedWednesday, shows more than half (54 percent) of Americans age 65and older feel confident in their retirement readiness.
This older age set, Schwab reports, is twice as likely to feelconfident as those age 18-34 (26 percent). Nearly half (44 percent)of boomer generation respondents express confidence in theirretirement readiness.
Still, Schwab notes, there's room for improvement. Twenty-onepercent of people age 65 and older and 26 percent of boomers stilllack confidence about their retirement. Across all age groupssurveyed, the number of people with concerns about retirementincreases to 39 percent.
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