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Living on Easy Street in Retirement? EBRI Study Reveals Shaky Sense of Confidence

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About 64 percent of workers today say they think they will be able to retire comfortably, but when asked specific questions about being able to pay for health care and other long-term security issues, it’s hard to understand where the confidence comes from.

The Employee Benefit Research Institute’s 28th annual “Retirement Confidence” survey measured workers’ and retirees’ confidence about retirement issues. Overall, a third of the 2,042 respondents felt confident in their ability to live well in retirement. While that statistic was virtually unchanged from last year, very few workers or retirees have figured out one of retirement’s largest expenses:

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