Surveys Show
Consumer Optimism
On Retirement
Two new surveys reveal how Americans feel about their current and future financial situation.
According to the latest Retirement Confidence Survey by the Employee Benefits Research Institute and Greenwald & Associates, 24% of workers are very confident they will have enough money set aside for a comfortable retirement, and 44% are somewhat confident theyll have enough.
The survey found, however, that only about 68% actually have set aside some money for retirement, and only 58% are doing so currently.
Of the non-savers, 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.
The survey found that 45% of all workers report total household assets, excluding the value of their home, of less than $25,000.