Economic Headwinds Are Eroding American Retirement Confidence
July 26, 2022 by FA Staff
A series of bad headlines could be taking its toll on retirement savers.
For the first time in several years, retirement confidence fell in BlackRock’s “Read on Retirement” survey. After peaking at 68% last year, the number of respondents saying they are on track for retirement declined to 63% in this year’s survey. A total of 42% of workplace savers in the survey say the pandemic and its aftereffects have set them back in preparing for retirement.
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Originally Posted at Financial Advisor on July 20, 2022 by FA Staff.
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