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Retirement is ideally viewed as the relaxing and celebratory phase of one's life. However, a recent Gallup poll shows that unretired Americans have a less than favorable view on the financial aspects of retirement. Between 2002 and 2005 and again between 2017 and 2021, the majority of non-retirees expected a comfortable retirement. In the years during and after the Great Recession and in the past two years amid high inflation, less than 50% of non-retirees have been optimistic about their retirement.
Today, non-retired Americans are more pessimistic about retirement than they have been since 2012. In all, 43% of non-retirees think they will have enough money to live comfortably, while 77% of retirees (unchanged from last year) say they currently do. These findings come from a recent Gallup poll, where 71% of non-retired adults are at least moderately worried about being able to fund their retirement. This includes 42% who say they are very worried.
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