Two separate bank-sponsored studies reveal Americans lack confidence that they are – or can – save enough to retire comfortably.
One study from TD Bank, a regional operating throughout the eastern seaboard, reported improving overall savings trends. Yet, on the question of retirement, most respondents said they're not confident they'll have enough to retire comfortably.
Only 29 percent said they're "very" or "extremely confident" in their retirement prospects, and 36 percent said saving for retirement represents their main financial fear.
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Nick Thornton
Nick Thornton is a financial writer covering retirement and health care issues for BenefitsPRO and ALM Media. He greatly enjoys learning from the vast minds in the legal, academic, advisory and money management communities when covering the retirement space. He's also written on international marketing trends, financial institution risk management, defense and energy issues, the restaurant industry in New York City, surfing, cigars, rum, travel, and fishing. When not writing, he's pushing into some land or water.
