Younger Americans are more anxious than their older counterparts about their financial plans, despite having plenty of time to take action now, according to a study by LIMRA and Life Happens.

Millennials, or those under the age of 34, show the highest level of concern across all generations for common financial planning issues, including saving for retirement, paying for a child’s education and burdening others with their final expenses, the 2014 Insurance Barometer Study found.

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