Retirement Confidence Goes Down in Latest Study
According to the latest Retirement Confidence Study done by the Employee Benefits Research Institute (EBRI), workers’ confidence about their ability to retirement went down last year (60% somewhat or very confident about their ability to retire in comfort versus 64% in 2015).
We wonder why the numbers are declining.
Could it be that workers are not saving for retirement and the reality is dawning on them? After all, according to the EBRI study, “A sizable percentage of workers say they have no or very little money in savings and investments…47% report that the total value of their household’s savings and investments, excluding the value of their primary home and any DB plans, is less than $25,000. This includes 24% who say they have less than $1,000 in savings.”
This doesn’t have to be you. My colleague, Amy Shappell, CFP®, and I are offering a free Webinar on May 23 at 6:00 pm (PST)to address the most common retirement planning blunders we see and what you can do to avoid them. The webinar is filled with lots of practical tips, good stories and a question and answer session. You won’t want to miss this opportunity.
The webinar is free, but you have to sign-up to get the log-in instructions. Go here to receive log-in instructions.