It’s now obvious retirement insecurity is a full-blown epidemic across the nation. The National Institute on Retirement Security released a new public opinion today revealing more than eight out of 10 Americans worry about their ability to retire.
What can be done? Fifty-five percent of Americans believes a pension would increase their retirement confidence; 84 percent says policymakers should make it easier for employers to offer pensions. Nearly nine out of 10 Americans believe every worker should have a pension plan.
Beth Almeida, executive director of the National Institute on Retirement Security, says, Americans are likely feeling their retirement aspirations are now an unattainable “fantasy.”