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

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.

  • Evil_Shrubbery@lemm.ee
    7·
    7 months ago

    It’s not in capitals interest to let people retire. The system is working properly and as designed.

    The great machine in it’s late last stages hungers even more, needs to be fed more and more workers to take their labour and wages.

    To lower overall production and lower the working-for-survival hours of the population would only benefit humanity and the planets biodiversity, but would be just too cruel to the capital. In dire times like these we must think of the poor capital.

    • kent_eh@lemmy.caEnglish
      3·
      7 months ago

      It’s not in capitals interest to let people retire

      Instead they just lay off people who have been on the payroll for “too long”.