YouI about reliability multiple pointing fantasyland .
isn’t going to years at .
Older workers are under saved … 51% have less than $50K saved for retirement
… they are not saving enough … 57% save less than 10% of income
… and they are insecure about retirement finances… Only 44% think they will have enough income throughout retirement
Retirement Income Expectations are Unrealistic…
More than one-half think they’ll need $55K+ a year; one-third think they’ll need $75K+ [that may be okay for 2021 retirees, but not so for those retiring in 20+ years]
Despite low savings and lofty income expectations, one-third think they’ll retire prior to age 65 and one-half at 65 or younger