Tag: retirement expectations
Are older workers more confident in their finances or more realistic about their prospects? The New York Fed’s research department just reported a major shift in retirement expectations. Workers in 2024 are less likely to plan to work full time in their 60s than workers before the pandemic, according to responses to the Survey of…
The brief’s key findings are: Most households in the National Retirement Risk Index have a good sense of whether they are on track for retirement: 40 percent are in good shape and know it. 20 percent are in trouble and know it. The rest are either “not worried enough” or “too worried.” Those “not worried enough” ar…