Investors who are already retired feel much more secure about their retirement than are near-retirees, according to a new Insured Retirement Institute report on retirement readiness, conducted with American Equity Investment Life Insurance and Eagle Life Insurance Company.
The findings were based on responses to an online survey conducted in November. Survey responses came from 2,004 Americans, 50% of whom are workers 15 or fewer years from planned retirement age and 50% of whom have been retired for at least five years.
All survey respondents had at least $100,000 in retirement savings, not including the value of real estate.
IRI, an annuity trade group, says its members account for 90% of annuity assets in the U.S..
The survey asked respondents about the income sources they expect to have, their biggest retirement worries, and their preferences for working with financial advisors. Check out their responses in the gallery above.
(Cover photo: Shutterstock)