6/8/2015 – How to Boost Your Retirement Confidence (U.S. News & Report)

People are feeling better about retirement than they were just a few years ago – although they’re still not as confident as they were back in the halcyon days of the 1990s, according to a recent survey by the Employee Benefit Research Institute. Today, almost 60 percent of American workers are confident that their preparations for retirement are adequate, compared to fewer than half during the great recession, but less than the 70 percent in the mid-1990s who figured they had enough resources to finance a comfortable lifestyle after they left work. By contrast, 24 percent of American workers are “not at all confident” that they are prepared for retirement, down modestly from 28 percent who held such a negative view in 2013. Confidence in retirement has increased due to the improving economy, more employment opportunities and the booming financial markets. But the single most important reason confidence has improved is because of employer-based retirement programs.

Read the full article in U.S. News & Report.