Americans nearing retirement worry about more than just how they’re going tospendthose savings. According to the2015 Consumer Banking Insights Study, 67% of Americans age 55 and over feel the least in control of their finances. This might seem surprising, as retirement is perceived as a time to relax after decades in the rat race.
On the flip side, 79% of Millennials, more than any other age group, reported they feel themostin control of their finances – data that contradicts the stereotype of unemployed twenty-somethings living off their parents while paying down student loans.
