As the economy improves, more people think they will have enough money to retire comfortably.
It’s tough to figure out how much you will need to pay for things that insurance or Medicare won’t cover, a recent study shows.
About 82 percent of people with household incomes above $75,000 annually feel confident about retirement.
Let America Saves Week spur you to set aside a portion of your income for the future.
If you save steadfastly in your 401(k) and the bottom doesn’t fall out of Social Security, you ought to be all right in retirement.
Odds are you’ll need $360,000 for health care in retirement, but maybe you’ll get lucky.
A new study by Interest.com shows that most retiree households can’t replace 70 to 80 percent of their pre-retiree income. But another study suggests it may not be necessary to do that.
Retirement confidence is at a low ebb, but saving enough to stop working isn’t impossible.
It costs an average of 20 percent less to live in retirement, according to an analysis of a government survey of people ages 65 and older.
Only 14 percent of Americans are very confident that they will have enough money to retire and live comfortably, according to the 22nd annual Employee Benefit Research Institute’s Retirement Confidence Survey released today.
This number hasn’t changed since 2009 when a host of people not too far from retirement lost their jobs. According to the survey, 42 percent see uncertainty over whether they will have a job as their most pressing economic issue.
The survey also emphasizes that many Americans haven’t saved much for retirement. Some 60 percent of workers say — not counting the value of their homes and any old-fashioned defined-benefit pensions they may expect — their savings total less than $25,000.