The worst since 2012.. Americans’ expectations are darker after retirement

2023-05-25 03:29:59

A Gallup poll released on Wednesday revealed that Americans are increasingly concerned regarding their inability to “comfortably” retire, in the latest sign of the bleak economic situation in the United States.

According to the survey, 43 percent of non-retired adults believe they have enough money in retirement to live comfortably, which is the lowest level since 2012, reflecting Americans’ shaken confidence in the country’s retirement system.

The percentage of adults who expect to live comfortably following retirement has decreased by regarding five percentage points over the past year and ten percentage points since 2021, and the survey showed that the least wealthy Americans are the most concerned regarding retirement.

The survey indicated that 19 percent of low-income adults expect to retire comfortably, while regarding 88 percent expressed concern regarding having enough money to retire.

Women are more worried regarding retirement

The survey, which was conducted from the third of April until the twenty-fifth of the same month, showed that women are more concerned regarding retirement, pointing out that 36 percent of women expect to have enough money to retire comfortably compared to 50 percent of women. number of men.

Young people are more optimistic

According to the poll, regarding 54 percent of Americans ages 18 to 29 expect to have enough money to live comfortably in retirement, compared to 38 percent of those ages 30 to 49.

(Matt Egan – CNN)

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