Wednesday, May 8, 2019

EBRI Retirement Confidence Survey 2019

Now in its 29th year, the annual Retirement Confidence Survey(RCS) is the longest-running survey of its kind, measuring worker and retiree confidence about retirement. It is conducted by the Employee Benefit Research Institute (EBRI) and independent research firm Greenwald & Associates. From the report: "The 2019 Retirement Confidence Survey (RCS) finds that two-thirds of American workers (67 percent) feel confident in their ability to retire comfortably, though only 23 percent feel very confident. The share of workers reporting that they feel either very or somewhat confident has increased compared with last year (67 percent vs. 64 percent in 2018). Worker confidence now resembles the levels measured in 2007 before the financial crisis of 2008."
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Source: EBRI, 2019 RCS Fact Sheet #4 Age Comparisons Among Workers

To learn more about this survey please visit the RCS website at EBRI.

To read more analysis about this survey read Richard Eisenberg's article Americans are confident about retirement. Are we kidding ourselves? at MarketWatch.