Fewer of Us Save, More Are Confident of Retirement. Are We Crazy?

The retirement confidence of Americans has come a long way since the recession. The percentage of workers either very or somewhat confident that they will be able to afford a comfortable retirement now stands at 63 percent, up from 51 percent three years ago and 49 percent in 2011.

But it isn't because of a surge in the number of people who are saving, according to the 26th annual Retirement Confidence Survey released today by the nonprofit Employee Benefit Research Institute (EBRI).

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Damian J. Sylvia

Retirement Income Solutions

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