Updated
Updated · Gallup · May 6
Nonretirees tie recent high in worry about retirement finances
Updated
Updated · Gallup · May 6

Nonretirees tie recent high in worry about retirement finances

3 articles · Updated · Gallup · May 6
  • Gallup’s April 1-15 poll found 69% were very or moderately worried, while 45% expected to have enough money in retirement versus 82% of retirees.
  • The 37-point comfort gap is the second largest in Gallup’s trend since 2002, with concern highest among lower-income adults and still widespread even among those with retirement savings plans.
  • Nonretirees expect to rely more on 401(k)-style savings and part-time work, less on Social Security, and to retire at 66 on average, five years later than current retirees did.
Beyond money, what hidden psychological crisis blindsides new retirees who thought they were financially prepared?
Why does the dream of working in retirement fail for most Americans, and what is the unexpected reality?
Could capping Social Security for the wealthy actually boost benefits for 70% of future retirees?