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Rich and poor worry about retirement

A new survey of affluent Americans shows that the wealthy are just as insecure about their ability to retire comfortably as their middle class counterparts.

By Paula Aven Gladych | Updated on December 14, 2011

A new survey of affluent Americans shows that the wealthy are just as insecure about their ability to retire comfortably as their middle-class counterparts.

The survey, conducted by Harris Interactive on behalf of Wells Fargo Retirement, interviewed 801 affluent Americans between the ages of 25 and 75. What it found is that more than one-third say they need to significantly cut back their spending to save for retirement, including 48 percent of those with $100,000 to $250,000 in investable assets.

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