Close Close
Sign In
Newsletters
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards
Podcast Center Video Center Webcasts Resource Center Events
About ThinkAdvisor Contact Us Advertise With Us Asset & Logo Licensing Sitemap Terms of Service Privacy Policy Copyright © 2024 ALM Global, LLC. All Rights Reserved.
ThinkAdvisor

Retirement Planning > Social Security

Retirement Confidence Falls, Especially in Social Security: Poll (Reuters)

By Staff Writer

X
Your article was successfully shared with the contacts you provided.

A new national poll on retirement outlook by Sun Life Financial Group confirms that Americans are growing increasingly pessimistic about their ability to cover living expenses in old age — and about the ability to rely on support from government programs or their employers.

Among the study’s findings:

  • Worker confidence in the future value of employer-sponsored benefits plunged 32 percent in the past year
  • Confidence in the government’s ability to provide Social Security and Medicare dropped 22 percent 
  • One in five workers say they will never retire
  • Only 23 percent of Americans feel confident that they will be able to meet basic living expenses in retirement, down from 42 percent in 2010

Read the story.

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.