Are Americans overly confident about retirement?
Americans are more optimistic than they’ve been in years about life in retirement. Yet one question remains: Will they have enough money?
According to a new study by the Employee Benefit Research Institute, confidence among U.S. workers has rebounded to pre-recession levels, with 67% saying they are very or somewhat confident they’ll be able to live comfortably throughout retirement. And, among those already out of the workforce, 82% are confident they will have enough money to live comfortably in retirement, up sharply from 75% a year ago.
“As the economy and current financial situation for workers and retirees improves, so does confidence,” said Craig Copeland, EBRI senior research associate.
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