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Retirement Positivity Up

ChartA recent survey on attitudes regarding retirement reveals that positivity is rising.  In Employee Benefit Research Institute’s 25th annual Retirement Confidence Survey, twice as many individuals described themselves as “very confident” in reaching a comfortable retirement compared to the 2013 survey. Those very confident individuals made up 37 percent of workers surveyed and an additional 36 percent are “somewhat confident.” However, the lack of positive changes in retirement planning and savings, led the survey’s research director to conclude that the increase in positive outlooks may be the result of “false optimism.”

See Mark Miller, U.S. Retirement Confidence Soars Despite Grim Realities, Reuters, Apr. 21, 215.

Special thanks to Jim Hillhouse for bringing this article to my attention.