Retirees Who Reach Milestone Claim to be Happy

Lawndale News Chicago's Bilingual Newspaper - Negocios

Uncertainty looms over working Americans who fear they won’t be able to realize a comfortable retirement. Eighty-one percent of those in the workforce are worried about their level of preparedness – still nearly two-thirds (67 percent) of current retirees are satisfied with their retirement, according to the latest COUNTRY Financial Security Index.

Reality overshadows retirement daydreams

American workers are extremely worried about their savings being adequate to support them in retirement and fear:

Lawndale News Chicago's Bilingual Newspaper - Negocios

  • Running out of money completely
  • Not having the money to pay for the things they want to do
  • Not being able to afford medical and or long-term care expenses

Their uncertainties are fueled by underlying worries that they might not be on the path to their dream retirement – or that their path could easily be derailed. While 4 in 10 say that not saving enough will be what sets them back the most, 28 percent worry about the loss of an income earner and 18 percent live in fear of another economic recession. The things most Americans look forward to in retirement include having the ability to travel more, working less and having more time to spend with loved ones.

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