Gallup: 57 Percent of Nonretired Americans Expect Comfortable Retirement
Author: internet - Published 2019-06-19 07:00:00 PM - (306 Reads)A Gallup survey estimated that 57 percent of nonretired Americans — the largest percentage in 15 years — expect to retire comfortably, while 41 percent doubt that they will, reports Newsmax Finance . Only 25 percent of Americans who are employed or have a working spouse say they are currently saving enough for retirement. Nonretirees are far less likely than current retirees to say they will rely on Social Security as a major source of post-employment income. Younger adults harbor more confidence than their older peers of earning a comfortable retirement, presumably because they have more time to save. The poll found 65 percent of 18- to 34-year-olds expect to live comfortably in retirement, versus 51 percent of 35- to 54-year-olds and 55 percent of those 55 and older. Overall, nonretirees are planning for personal investments and other sources of money to see them through their retirement.