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Do you sleep well at night, knowing that you’re on track to achieve your retirement income goals? Or, do you worry that you haven’t saved enough, that you may not be able to meet your monthly income needs, or that market volatility could derail your plans?
Many Americans share concerns about their financial stability in retirement. In a recent survey, 36% of American workers expressed little to no confidence in their ability to retire comfortably, while only 18% felt very confident about it. Surprisingly, these figures represent an improvement compared to historical averages.
Contrary to what may appear at first glance, the number of people reporting little to no confidence in their retirement prospects has actually decreased over the past decade. Just 10 years ago, 50% of Americans lacked confidence in their retirement prospects. However, despite this positive trend in retirement confidence, many Americans still harbor concerns about their financial wellbeing in retirement.
Fortunately, there’s always time to adjust your retirement income plan and get on track toward achieving your goals. Here, we highlight five key strategies to help worry-proof your retirement.
Do you sleep well at night, knowing that you’re on track to achieve your retirement income goals? Or, do you worry that you haven’t saved enough, that you may not be able to meet your monthly income needs, or that market volatility could derail your plans?
Many Americans share concerns about their financial stability in retirement. In a recent survey, 36% of American workers expressed little to no confidence in their ability to retire comfortably, while only 18% felt very confident about it. Surprisingly, these figures represent an improvement compared to historical averages.
Contrary to what may appear at first glance, the number of people reporting little to no confidence in their retirement prospects has actually decreased over the past decade. Just 10 years ago, 50% of Americans lacked confidence in their retirement prospects. However, despite this positive trend in retirement confidence, many Americans still harbor concerns about their financial wellbeing in retirement.
Fortunately, there’s always time to adjust your retirement income plan and get on track toward achieving your goals. Here, we highlight five key strategies to help worry-proof your retirement.