FYI:
Story Highlights
.15-year high 57% of nonretirees anticipate comfortable retirement
.57% of retirees rely on Social Security as major source of income
.33% of nonretirees expect to rely on Social Security as major source
Nonretired Americans' expectations that they will live comfortably in retirement are more positive than they have been since 2004 suggesting that the public's recent upbeat view of the nation's economy and their personal finances is coloring their retirement outlook. Yet, while overall retirement expectations may be rosier, only one-quarter of Americans who are employed or have an employed spouse say they are currently saving enough for retirement.
Nonretirees, many of whom have known for years that the Social Security system could run out of funds before they retire, remain far less likely than those who have already retired to say they will rely on Social Security as a major source of retirement income.
Regards,
Ted
https://news.gallup.com/poll/258320/nonretired-americans-expect-comfortable-retirement.aspx