Washington (April 18, 2003) -- Despite continuing stock market woes and economic uncertainty, many Americans remain optimistic about their ability to retire comfortably, according to the latest report by Employee Benefit Research Institute and American Savings Education Council.
According to the annual Retirement Confidence Survey, 21 percent of workers feel very confident about having enough money to live comfortably in retirement, compared to 23 percent in 2002, while 45 percent feel somewhat confident, compared to 47 percent last year. On the contrary, the number of workers not at all confident that they will have enough money saved for retirement rose 6 percentage points increase, from 10 percent in 2002 to 16 percent in 2003.
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