/41% of Americans Can’t Confidently Plan for Retirement

41% of Americans Can’t Confidently Plan for Retirement

News reports found that almost half of American’s don’t think they will be able to easily plan for retirement.

Overall, 59% of Americans said they accept that they will have to keep working longer, while 36% now believe that they will never have enough money to be able to retire, according to the latest data from the Natixis Global Retirement Index.

Even more — roughly 41% — said their ability to be financially secure in retirement is “going to take a miracle,” the report found.

The Covid pandemic has taken a heavy toll on Americans’ feelings about their own retirement security.

Among the top concerns is how significant increases in government spending to get the economy back on track will lead to decreases in Social Security benefits.

Keep reading at CNBC for more.