Americans Are Confident About Their Finances. Retirement? Not So Much.
April 30, 2019 by Michael S. Fischer
Seventy-five percent of participants in Fidelity Investments’ Retirement Mindset Study, released Tuesday, said they felt only somewhat confident to not confident at all in being financially prepared for retirement.
This compared with 62% who said they felt confident about their current financial health, and 65% who said they were more confident today than they were one year ago.
These findings were based on an online survey Brookmark Research Services conducted between Feb. 25 and March 2 among 1,429 adults, 23 to 74 and older.
The Fidelity study, which examines different attitudes Americans have toward retirement, sought to find out the cause of uncertainty about retirement, given respondents’ confidence about their current finances.