More U.S. workers say they think they will have to postpone retirement.
Researchers at the Transamerica Center for Retirement Studies, Los Angeles, have reported that finding in a summary of results from a recent online survey of 4,080 U.S. workers ages 18 and older working at for-profit employers with 10 or more employees.
Finesse Financial Inc., El Segundo, Calif., reported Monday that the percentage of workers calling its financial helpline who say they feel overwhelmed by their current financial problems is lower than it was in 2009 and in 2010.
The Transamerica Center researchers now say workers’ fears about long-term financial well-being continue to grow.
The percentage of workers who said they are “somewhat confident” or “very confident” about being able to live comfortably in retirement has fallen to 51% this year, down from 53% in 2008-2009, and down from 59% in 2007.
The percentage who said they are building a large enough nest egg fell to 38% this year, from 40% in 2008-2009 and 45% in 2007.