×
Newsmax TV & Webwww.newsmax.comFREE - In Google Play
VIEW
×
Newsmax TV & Webwww.newsmax.comFREE - On the App Store
VIEW
Skip to main content
Tags: US | Retirement | Confidence | Glance

Survey: Workers Struggling to Save for Retirement

Tuesday, 09 March 2010 12:45 PM EST

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 2022 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


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
147
2010-45-09
Tuesday, 09 March 2010 12:45 PM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
TOP

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