Less than half of Americans confident they’ll reach their retirement goals

Less than half of non-retired Americans are confident they’ll reach their financial goals by retirement, according to a new survey conducted for the American Institute of CPAs.

The survey, which was conducted by telephone among 1,018 adults aged 18 and over between March 24 and 27, found that 46% of non-retired Americans are confident they will reach their retirement goals, compared with 49% who are not confident (29% not sure, 20% don’t think they ever will). The survey sample included 650 adults self-identified as “non-retired” and 322 as “retired.”

Only 5% of non-retired Americans reported that they had already reached their retirement goals.

The study finds that this lack of overall confidence tracks with anxiety about the financial aspects of retirement – with two-in-five non-retired Americans (42%) saying they are either very anxious (14%) or somewhat anxious (29%).

 

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