elderly woman on motorcycle ATIAA study reveals that 57 percent of people surveyed say the waytheir parents prepared for retirement has affected their ownbehavior. (Photo: Shutterstock)

If they're confident and have a good financial outlook, the oddsare that future retirees owe that to their parents' approach toretirement planning. And whether they have thatoutlook or not depends on which generation their parents belongto.

According to a TIAA survey, Americans who aren't confident abouthow financially secure their parents are inretirement (27 percent) are twice as likely not to be confidentabout their own retirement as those who are confident about theirparents' retirement (72 percent, compared with 36 percent).

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Marlene Satter

Marlene Y. Satter has worked in and written about the financial industry for decades.