According to a recent Gallup survey shared with CNN, Americans’ confidence in their ability to retire comfortably has reached an 11-year low, reflecting growing economic pessimism. The survey reveals that only 43% of nonretired adults believe they will have sufficient funds to live comfortably during retirement, the lowest level since 2012. This prior year saw a decline of five percentage points in this figure, and it has decreased by ten percentage points since 2021.
Tag: Financial Security
Protecting Your Retirement: How the FDIC Keeps Your Savings Secure
Learn how the FDIC protects retirees through deposit insurance, educational resources, and fraud prevention measures. Explore ways to maximize FDIC coverage for enhanced financial security during retirement.