As Bull Market Roars, Americans’ Retirement Confidence Is Left Behind

July 23, 2019 by Christopher Robbins

America’s financial confidence is stuck in the doldrums.

Just one in five respondents in a recent poll of more than 1,000 American adults by the Associated Press and the NORC Center for Public Affairs Research felt “extremely or very confident” that they will have enough savings for retirement.

While 21% of the respondents felt extremely confident, another 33% were “somewhat confident” and 44% were “not very or not confident at all” about their ability to save enough for retirement.

More than two-thirds of the respondents, 67%, say their household’s financial situation is “good,” while 32% say that it is “poor.”

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Originally Posted at Financial Advisor Magazine on JULY 18, 2019 by Christopher Robbins.