Setting Realistic Expectations about Work in Retirement
Twenty-one percent of workers expect that working in retirement will provide them with a major source of income, but this is only true for 9% of retirees.
Tag: retirement
Saving for Retirement Is Americans’ Biggest Financial Worry
Younger Baby Boomers and Gen Xers are the most stressed about retirement, a Bankrate.com survey found.
HNW Investors Worry About Health Care Costs Due to Longevity
However, they also say their wealth has helped them live a healthier life, UBS found in a survey
Older Families’ Debt Levels Have Increased Since 1998
Nearly 70% of families where the head of the household is 55 or older carry debt, EBRI found.
Female Advisers Say Women Are Underserved
Three quarters of women under 40 do not have a financial adviser.
Most Women Worried About Life in Retirement
Only 25% expect life to be better in retirement, Nationwide found in a survey.
More Than Half of Americans Not Contributing to a 401(k)
Furthermore, only 37% are contributing to an IRA, and 18% to a HSA, Edward Jones learned in a survey
Nearly One in Seven Expects to Continue Working or Never Retire
Only 31% of Americans are confident they will have saved enough by the time they retire.