26 Jul Can You Fund Your Retirement?

Posted at 23:54h in Retirement by

 This was the highest confidence level since 2000 and a significant rebound from levels in March 2020 after the pandemic began. Overall, retirement confidence has trended upward since the Great Recession.

Workers who were somewhat confident they could fund their retirement: 41% in 2009, 37% in 2014, 37% in 2015, 43% in 2016, 42% in 2017, 47% in 2018, 44% in 2019, 42% in January 2020, 39% in March 2020, and 43% in 2021. Workers who were very confident: 13% in 2009, 18% in 2014, 22% in 2015, 21% in 2016, 18% in 2017, 17% in 2018, 23% in 2019, 27% in January 2020, 24% in March 2020, and 29% in 2021. Percentage of workers who felt somewhat or very confident about retirement was 54% in 2009, 55% in 2014, 59% in 2015, 64% in 2016, 60% in 2017, 64% in 2018, 67% in 2019, 69% in January 2020, 63% in March 2020, and 72% in 2021.

Source: Employee Benefit Research Institute, 2021 (two surveys were conducted in 2020)

This information was developed by Broadridge, an independent third party. It is general in nature, is not a complete statement of all information necessary for making an investment decision, and is not a recommendation or a solicitation to buy or sell any security. Investments and strategies mentioned may not be suitable for all investors. Past performance may not be indicative of future results.

Prepared by Broadridge Advisor Solutions Copyright 2021.

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