It’s no secret that a majority of Americans do not feel they are on track to retire comfortably. Between credit card, medical and student loan debt, saving for retirement can feel like an uphill battle — one that full-time healthcare professionals cannot escape.
The TIAA Institute surveyed over 1,500 healthcare workers, from physicians, surgeons and nurses to office and administrative staff, about their retirement readiness. While 91% are saving for retirement, 34% aren’t confident they’re saving enough, and 28% aren’t confident their savings are being invested effectively.
