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The Nest Egg Wobbles

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Americans seem to be about as capable of saving for retirement as they were a year ago but more nervous about the future.

Country Financial, Bloomington, Ill., has sketched out Americans’ retirement savings worries in a summary of results from a June telephone survey of about 3,000 U.S. adults.

The percentage of participants who said they have been able to set aside money for savings and investment declined only slightly – to 45%, from 46% in June 2010.

The percentage who expressed confident in their ability to send their children to college increased to 58%, from 56%.

But the percentage of participants who said they believe they will have enough money to enjoy a comfortable retirement fell to 51%, from 56%, and the percentage who rated their overall level of financial security as excellent or good fell to 37%, from 41%.

- Allison Bell

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