Lincoln launches Consumer Retirement Index
April 24, 2019 by Doug LeDuc email@example.com
Lincoln National Corp. launched its Consumer Retirement Index earlier this month, and its initial findings were less than encouraging when it came to the nation’s retirement preparations.
The tool it designed in partnership with CivicScience to measure U.S. sentiment on the subject showed just 25% of adults within a traditional labor force participation age range were very confident about retirement during the first quarter.
“This index was designed to provide perspective on how many people are confident about retirement, taking into account that retirement confidence is about more than just saving enough — it’s about understanding how your savings then translate into income in retirement,” Kelly DeAngelis, a Lincoln spokesperson, said in an email.
The index survey will be conducted and published on a quarterly basis, and is a survey of U.S. adults between the ages of 18 and 64. These results for the first quarter of 2019 reflect 5,331 survey responses.”