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Saturday, September 01, 2012

Poll: Third of Americans Fear They Will Never Retire

More than one-third of Americans near retirement age expect they'll never retire, a poll finds.

Thirty five percent of Americans don't expect to retire, up from 29 percent two years ago, according to findings from a “2011 Risks and Process of Retirement Survey Report” from the Society of Actuaries, the New York Times reports.

Four in 10 of the survey's so-called "pre-retirees" say they won't retire say because they are financially unable to do so, as they either need the income or the employer benefits.

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2 comments:

Anonymous said...

Keep putting money spenders in office.

Anonymous said...

Since this is a site that allows anonymous comments,I would like to know if any readers had 401K's that went busted.I had friends who depended largely on them in hopes of eventually retiring.Some lost as much as 75%,and they still have not rebounded.Just curious.