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Oddly, most respondents feel they are not financially better off than their parents were at their same age (56 percent), but they also feel that their life and career options are better than their parents’ were (61percent).(Photo: Shutterstock)

They don’t have savings and most couldn’t deal with a financial emergency of $500—but they plan to retire by the age of 60 and plan on living till age 80.

Marlene Satter

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