Majority of Americans over 50 worry they won't have enough money for retirement: Study
Majority of Americans over 50 worry they won't have enough money for retirement: Study
One of the survey’s biggest findings is that 61% of those 50 and up are worried they won’t have enough money for retirement.
Among AARP survey findings: 61% of Americans 50 and up are worried they won’t have enough money for retirement. And only 21 percent of people have a retirement plan.
An increasing number of people are worried that they won’t have enough money to live comfortably in retirement, and men aren’t as financially secure as they once were, according to an annual survey from AARP.
The AARP Financial Security Trends Survey, conducted in January and released in April, included interviews with more than 8,300 Americans over 30 across every state in the country. Conducted by NORC at the University of Chicago, the survey aims to analyze the financial experiences and attitudes among Americans.
One of the survey’s biggest findings is that 61% of those 50 and up are worried they won’t have enough money for retirement, Indira Venkat, senior vice president of research at AARP, told USA TODAY on Wednesday.
And if you break those numbers down even more, one in five of people who have not retired have no savings at all, Venkat said.
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Wait, so 61% of people are worried they don't have enough to retire but only 21% of people have any retirement plan at all? What the fuck do those 40% of respondents who worry but have no plan think is going to happen at 65?
Keep working until they die
Have you seen those elderly greeters at Walmart?
Do you know why they're working at Walmart?
It isn't for fun.
Seeing coworkers dying first-hand in the workplace will be more and more commonplace, should do wonders on morale.
Whatever happens happens. In fucked anyways so why worry about it now?
More than 50% of americans in this age group have a 401k. 34% of all americans have one. There are also iras and the like.
Are you suggesting they should simply start saving for retirement?
If so, that's 'let them eat cake' level out of touch.
I don't see how you possibly got that from their comment