Saturday, April 18, 2009

Gloomy Outlook on Retirement

According to the latest Retirement Confidence Survey from the Employee Benefits Institute potential retirees are taking a gloomier view of their future retirement.

From press release

The recession has cast a pall over the retirement expectations of the vast majority of Americans, leaving a record-low 13 percent this year able to say they are very confident of having enough money to live comfortably in retirement, according to the 19th Annual Retirement Confidence Survey (RCS) released today by the nonpartisan Employee Benefit Research Institute (EBRI). Among workers, those feeling very confident about retirement has tumbled by one-half in the last two years.

Retirement Confidence Survey - 2009 Results

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