Most Americans still feel optimistic about retirement. Inflation is hurting some workers’ confidence
Despite the pandemic, more than 7 in 10 workers say they are at least “somewhat confident” about retirement, and 8 in 10 retirees feel they’ll have enough to cover their golden years, a survey finds.
However, inflation and the rising cost of living are the top concern among workers and retirees, feeling less assured.
While most retirees’ spending is as expected, 1 in 3 said their costs are higher than planned.