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Americans Are Overconfident About Retirement

FYI: Buoyed by a sharp rise in stock prices that left many retirement savers feeling flush, the number of U.S. workers who say they’re confident about their ability to retire comfortably edged up last year, according to a sweeping new survey.

Sixty four percent of workers surveyed said they’re very or somewhat confident about their financial prospects in retirement, up from 60% in 2016. Confidence was even higher among those closest to quitting time: 71% of workers aged 55 and older professed confidence they’ll have enough money to live comfortably in retirement.
Regards,
Ted
https://www.marketwatch.com/story/americans-are-overconfident-about-retirement-2018-05-14/print
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