Americans have lost confidence in their ability to afford retirement.
According to the 2011 Retirement Confidence Survey by the Employee Benefits Research Institute (EBRI), 27 percent of workers — the most ever in the two decades since the survey began—say they are "not at all confident" about having enough money to live comfortably in retirement.
Reinforcing that trend, the percentage of workers saying they are "very confident" ties with 2009 at 13 percent—the lowest rate ever measured.
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