Seems like every other week there is a survey, or a story about a survey, that purports to chronicle Americans’ confidence (or lack thereof) about their prospects for a financially viable retirement.
Those results frequently seem at odds with the financial realities shared by survey respondents, but in recent years anyway, the general sense is that American workers aren’t all that optimistic about their prospects.
On the other hand, those surveys also frequently chronicle a pervasive lack of knowledge on the subject. Most respondents don’t know how much they will need; many haven’t attempted — even once — to figure out how much is required.
Confidence is, of course, a subjective sense of things, and lots of things can influence how we feel about future prospects. But as someone who works with plans and/or participants to help them prepare for that uncertain future, this week, I’d like to know what you think about those factors.
Specifically, what do you think is undermining retirement confidence?
Weigh in at http://ideas.asppa.org/underminingconfidence.
How it Works
We’ve provided a starter set of potential factors — weigh one against the other, and pick the one that you think is having the most impact. Then you’ll get two more choices to weigh, and so on. Can’t decide between the two? There’s an option for that as well. Think it’s something that’s not on the list of factors? Add your own!
We’ll post the results on Friday.
WARNING: This can be addictive!
