Majority of Americans over 50 worry they won't have enough money for retirement: Study - eviltoast

Among AARP survey findings: 61% of Americans 50 and up are worried they won’t have enough money for retirement. And only 21 percent of people have a retirement plan.

An increasing number of people are worried that they won’t have enough money to live comfortably in retirement, and men aren’t as financially secure as they once were, according to an annual survey from AARP.

The AARP Financial Security Trends Survey, conducted in January and released in April, included interviews with more than 8,300 Americans over 30 across every state in the country. Conducted by NORC at the University of Chicago, the survey aims to analyze the financial experiences and attitudes among Americans.

One of the survey’s biggest findings is that 61% of those 50 and up are worried they won’t have enough money for retirement, Indira Venkat, senior vice president of research at AARP, told USA TODAY on Wednesday.

And if you break those numbers down even more, one in five of people who have not retired have no savings at all, Venkat said.

  • catloaf@lemm.ee
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    7 months ago

    Money? Bruh I’m more worried about climate change meaning mass migration when whole regions become uninhabitable because they can’t produce food any more.

    Is that reasonable? Maybe. I looked for data once and saw an estimate that that’s not going to happen until at least the year 2100. I don’t know how accurate that is.

    But even if it’s not, there’s still the current and tangible rise of fascist politics around the world, and while I’m in their ethnic demographic, I’m not nearly right-wing enough to be on their good side.