Several recent surveys show fewer Americans—young or old—believe they’ll be able to retire comfortably. The results of poll taken by Axios and Ipsos show many have given up hope of retiring. A full 29% of workers under age 55% told pollster in July they don’t believe they’ll ever retire. Overall ONE in FIVE say they’ll […]
Audio
Surveys Show Americans Giving Up Hope Of Retirement
Several recent surveys show fewer Americans—young or old—believe they’ll be able to retire comfortably. The results of poll taken by Axios and Ipsos show many have given up hope of retiring. A full 29% of workers under age 55% told pollster in July they don’t believe they’ll ever retire. Overall ONE in FIVE say they’ll never retire. 70% of those say it’s because they won’t be able to afford to stop working , vs 19% who say they don’t want to retire. A separate poll by the Transamerica Center for Retirement Studies found 40% of Gen Xr’s and nearly. HALF of Baby Boomers don’t plan to retire until after 70, or abandoning hopes of retirement altogether.