The recent survey from the National Institute on Retirement Security reveals a slight improvement in Americans’ concern over the retirement climate despite an overwhelmingly negative outlook at the system as a whole.
- 74% of Americans are concerned that they won’t have enough money in retirement, down from 85% in 2013
- 86% of Americans believe we face a retirement crisis
- More than 80% of those surveyed believed that all employees should have a pension
- 67% of Americans would be willing to take less pay in exchange for guaranteed retirement income (pension)
Have your plan participants expressed their concern over retirement security or interest in a defined benefit (pension) plan?