I think it is, unfortunately. I see it with a lot of baby boomers (my "research" is SOLELY related to what I see at work, though, and not meant to stereotype all boomers).
No offense taken; I'm a boomer, and was given the example of parents who could afford to retire before they were 60 years old, because of the good financial decisions they made. I'm hoping to follow their example on that, too!