Americans' confidence in their ability to afford a comfortable retirement has recovered slightly from the record lows of the past five years, primarily among those participating in retirement plans, but overall their actual preparations for retirement haven't improved, according to a new survey.
The Retirement Confidence Survey, released by the nonpartisan Employee Benefit Research Institute in Washington, and co-sponsored by the Principal Financial Group, found that 18 percent of workers said they are now very confident, up from 13 percent in 2013. Retiree confidence has increased even more, with 28 percent saying they are now very confident, up from 18 percent in 2013.
Register or login for access to this item and much more
All Accounting Today content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access