(Insured Retirement Institute )
More than one-quarter (26%) of middle-class Americans ages 30 – 65 lack confidence that they will have the ability to meet their economic needs in retirement.
According to a survey by Americans for Secure Retirement, 88% of all Americans are worried about “maintaining a comfortable standard of living in retirement” – up from 73% in 2010.
49% of Americans are not contributing to a retirement plan.
47% of Hispanics have less than $25,000 in their employer-sponsored retirement accounts vs. 23% for the general population.
(MassMutual’s “State of the American Family: Families, Financial Attitudes and Planning — Hispanic Findings”)
More than one-quarter (26 percent) of middle-class Americans ages 30-65 lack confidence that they will have the ability to meet their economic needs in retirement, while another four out of 10 (40 percent) state that they are only somewhat confident that they will have enough money to live comfortably in retirement.
(Insured Retirement Institute study)
A Harris poll of small business owners found that 75% believe “so many Americans are financially unprepared for retirement that it has reached crisis levels.”
87% of Americans surveyed believe a double-dip recession is likely in the next two years.
(COUNTRY Financial survey, November 2011)