NU Online News Service, April 5, 2004, 4:00 p.m. EST — Twenty-four percent of workers are very confident they will have enough money set aside for a comfortable retirement, and 44% are somewhat confident they’ll have enough, according to a new survey.[@@]
The latest Retirement Confidence Survey by the Employee Benefits Research Institute and Greenwald & Associates found, however, that only around 68% have actually set aside some money for retirement, and only 58% are doing so currently.
Of those who have not saved, almost half are confident about having enough money in retirement.
“America appears to be a nation of optimists when it comes to retirement, but for some people the retirement dream may turn into a nightmare,” warns Dallas Salisbury, president of EBRI, in Washington.