Tags: US | Retirement | Confidence | Glance

Survey: Workers Struggling to Save for Retirement

A year after the stock market bottomed out, workers are still a bit pessimistic about having enough money for retirement.

The Employee Benefit Research Institute's annual retirement confidence survey shows increasing numbers of workers saving less.

Here's a look at some of the findings of the 20th annual survey:

Percentage of workers who:

— say they have saved for retirement: 69 percent

— say they're currently saving: 60 percent

— have saved less than $1,000: 27 percent

— have saved less than $25,000: 54 percent

— expect to work past 65: 33 percent

Respondents who are very confident about having enough money for a comfortable retirement:

— Workers: 16 percent

— Retirees: 19 percent

Respondents who are very confident in having enough money to pay for basic expenses in retirement:

— Workers: 29 percent

— Retirees: 33 percent

——

Methodology: 902 workers and 251 retirees age 25 and older were randomly interviewed by telephone in January.

© Copyright 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

1Like our page
2Share
InvestingAnalysis
A year after the stock market bottomed out, workers are still a bit pessimistic about having enough money for retirement.The Employee Benefit Research Institute's annual retirement confidence survey shows increasing numbers of workers saving less.Here's a look at some of...
US,Retirement,Confidence,Glance
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved