Boomers' retirement confidence has declined significantly
Ameriprise Financial's research shows less than half of Boomers surveyed felt optimistic about their country's financial futre, down from two-thirds in a 2007 study.
By Warren S. Hersch|March 29, 2012 at 07:28 AM
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Americans’ confidence in achieving a secure retirement and their optimism about the country’s financial future have declined significantly during the past five years, according to a new report.
Ameriprise Financial, based in Minneapolis, Minn., published this finding in a summary of results from a study (“Money Across Generations II”) that explores how the changing financial needs and attitudes of each of three generations— baby boomers, their adult children and their aging parents—have altered their relationship with money and with each other.
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