Lower oil prices fuel rise in retirement optimism

More than a third of Americans are directed the money they save on gas to their personal savings.

By Matthew Stern | Updated on March 05, 2015

Thanks in part of lower gas prices, seventy-six percent of people who have not yet retired are confident they will have enough savings to manage retirement when the time comes, a 21-point increase since the last index reading in the fall.

This is according to the latest Wells Fargo/Gallup Investor and Retirement Optimism Index, which also found that 56 percent polled have seen a noticeable increase in the value of their retirement accounts, as compared to 44 percent two years ago.

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