New Data Shows Retirement Confidence Drops to Financial Crisis Lows

In today's episode, we're diving deep into the results of the 33rd Annual Retirement Confidence Survey conducted by the Employee Benefit Research Institute and Greenwald Research. You'll see how American workers and retirees feel about their prospects of a comfortable retirement in 2023.  Are you among the 64% of workers who feel at least somewhat confident about their retirement prospects? Or perhaps you're in the 18% who feel very confident? We'll unpack why these numbers are lower than in previous years and why retirees generally have a slightly higher level of confidence than workers.  If you've noticed a decline in your own retirement confidence, you're not alone. We'll explore why the confidence of both workers and retirees has dropped to levels last seen in 2018 and why this decline is being compared to the dramatic drop seen during the 2008 global financial crisis. We'll also share crucial data points regarding the readiness of workers and retirees to meet basic expenses and deal with inflation during their retirement years. If you're seeking clarity and knowledge to better navigate your retirement planning, this episode is for you. Join us as we unpack these insights and help you understand how you can plan more effectively for your retirement.  _____________________________ We have a way that you can feel confident about your retirement. Click here to ask us how you can complete our Retirement Readiness Check and gain access to your own Income Optimizer Program. It will give you peace of mind and a plan to follow so that you can have a confident retirement.