Retirement confidence is at an all-time low, causing the COUNTRY Financial Security Index to drop to 63.7 in June.

Just 51 percent of Americans believe they'll have enough money to enjoy a comfortable retirement, a one-point drop since April and the lowest percentage since the COUNTRY Index started in February 2007. The drop also marks a consistent decline since October 2010.

"With the slow-to-recovery economy, rising food and gas prices and discussions over government entitlement programs, concern over retirement is understandable," said Keith Brannan, vice president of Financial Security Planning at COUNTRY Financial.

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.