For once, it’s the whippersnappers who are behaving more wisely. At least when it comes to saving, Generation X and Generation Y workers are more diligent than their peers.

Around one-quarter of the younger generations of workers — 25% of Generation Y and 23% of Generation X — are funding both their 401(k) or 403(b) plans and their IRAs, according to a survey conducted by TD Ameritrade. For Boomers, the number is 16%, and for the pre-Boomer generation, known as the Matures, the number dwindles to 9%.

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