Despite tumultuous economic news rattling the markets, employees are staying the course when it comes to their outlook around retirement.
The Employee Benefit Research Institute’s annual Retirement Confidence Survey found that 67% of employees and 78% of current retirees are confident they will have enough money to live comfortably in retirement. Retiree confidence in particular increased from 74% last year, though employees and retirees are concerned about potential reductions to Social Security and Medicare benefits, as well as the impact of inflation on their ability to save.
