Tuesday, July 15, 2014

Is Retirement Confidence Lagging?

How confident are you that you have saved enough for retirement? The Employee Benefits Research Institute (EBRI), an independent research firm, recently released the results of its 24th annual Retirement Confidence Survey. According to EBRI, only 18% of the current workers it interviewed were “very confident” they would have enough money to live on comfortably in retirement, while 24% were “not at all confident.” These numbers show only a slight improvement from the prior year and are significantly lower than the years before 2008.

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