Many Americans lack confidence in retirement savings goals, poll finds
By
Greg Iacurci, CNBC
Summary
Many Americans are anxious and confused about how much to save for a comfortable retirement. A 2024 Bipartisan Policy Center poll found that more than half of Americans lack confidence in their ability to retire when they want and sustain a comfortable life. The article explores why retirement savings is an inexact science, featuring insights from certified financial planner Philip Chao, who notes that the question of how much to save is genuinely difficult to answer.
Source
bskyMany Americans lack confidence in retirement savings goals, poll findsnbcnews.toKey quotes
· 3 pulledMore than half of Americans lack confidence in their ability to retire when they want and to sustain a comfortable life.
It's really a hard question to answer.
Many Americans are anxious and confused when it comes to saving for retirement.
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