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Unretirement Index shows retirement confidence at 4-year low

Retirement confidence among American workers has reached a four-year low, according to the Unretirement Index, a poll of nearly 1,500 working Americans by Sun Life Financial Inc.

By Paula Aven Gladych | Updated on October 24, 2011

Retirement confidence among American workers has reached a four-year low, according to the Unretirement Index, a poll of nearly 1,500 working Americans by Sun Life Financial Inc. After remaining stable for three years, retirement confidence dropped nearly 20 percent in September compared to the prior year.

The Unretirement Index measures five components, all of which dropped since last year. Nearly 32 percent of those surveyed said they were not confident about the benefits they needed to retire, including defined benefits plans and employee health benefits.

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