Women and men, reeling from the effects of the Great Recession, have serious doubts about their future economic security, according to a report released today, "Retirement on the Edge: Economic Insecurity after the Great Recession."
The report shows that in the aftermath of the Great Recession, many women and men have serious doubts about the adequacy of their financial resources for retirement. These doubts may stem partly from losses in investments and savings sustained since the start of the economic downturn.
Many people, concerned about whether they have the finances to retire comfortably, are delaying their retirement or looking for work after they retire. For many Americans, Social Security will provide a crucial form of support. Even with these sources of income, however, the survey findings indicate that Americans' perceived prospects for retirement remain bleak, the report said.
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
Already have an account? Sign In Now
© 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.
