Not exact matches
Thirty - five percent of the people
surveyed in the center's most recent
study said they plan to start saving for
retirement in their 20s.
The
survey comes as a U.K.
study by the government's pension minister Steve Webb warned last week that the pension gap was widening, with up to 13 million Brits heading for an austere
retirement after not saving adequately during their working lives.
A
study co-authored by Morin, based on a
survey conducted in the winter of 2010 — 11, concluded that 23 % of working - age Canadians are not saving enough to maintain their standard of living in
retirement.
A similar
study conducted by the Guardian Insurance Company offered even more marked results, with 35 % of small business owners
surveyed reporting that they actually started their businesses to fund their
retirements.
While 43 percent of U.S. workers in a 2013 Willis
study said they were planning to push back their planned
retirement date, only 32 percent said the same in the newest
survey, which could reflect the improving economy, Nyce said.
To conduct this work, GAO analyzed household financial data, including
retirement savings and income, from the Federal Reserve's 2013
Survey of Consumer Finances, reviewed academic
studies of
retirement savings adequacy, analyzed
retirement - related questions from
surveys, and interviewed
retirement experts about
retirement readiness.
According to a 2011 Deloitte
study that
surveyed 430 plan sponsors, only 15 percent believe most employees will be prepared for
retirement.
Among those who plan to work in
retirement out of financial necessity, a
survey by the Transamerica Center for
Retirement Studies found 43 % expected to use the money to cover essential expenses, 37 % to pay for health care, and 20 % to save more for
retirement.2
A
study conducted by the Center for
Retirement Research at Boston College using data from the Federal Reserve's 2010
Survey of Consumer Finances found that the typical household approaching
retirement is ill prepared financially.
A 2015
study by the National Institute for
Retirement Security, using data from the Federal Reserve's 2013
Survey of Consumer Finances, found that across all American households, including those without
retirement accounts, the median
retirement account balance is $ 2,500, and for households near
retirement, $ 14,500.
To explore this possibility, we
studied retirement plans and
surveyed charter schools in five states with such flexibility: Arizona, California, Florida, Louisiana, and Michigan.
For example, a February
study by researchers from Ohio State and the University of Alabama found that 27 % of 55 - to -60-year-olds included in the Federal Reserve's
Survey of Consumer Finances hadn't accumulated the resources they'd need to maintain their standard of living in
retirement, yet seemed to think they were doing just fine.
A recent
study also revealed that 25 % of those
surveyed said they'd likely buy a second home, such as a vacation or beach house, to use during
retirement.
According to this
survey by the Transamerica Center for
Retirement Studies, the median
retirement savings by age for Americans is:
A new Transamerica Center for
Retirement Studies survey found that $ 1 million is the median savings balance people estimate they'll need for
retirement.
Studies and
surveys GAO reviewed provide mixed evidence about the adequacy of
retirement savings.
TIAA - CREF 2015 Lifetime Income
Survey This
study examines consumer attitudes toward
retirement income and what steps Americans are taking to convert their
retirement nest eggs into sustainable income.
In fact, according to the Fraser
survey, Canadians are accumulating ample resources for their
retirement; the
study shoots down the notion that Canadians are not prepared.
This
study from researchers at the University of Alabama and Ohio State looks at data on full - time workers» finances from the Federal Reserve
Survey of Consumer Finances to assess how many people are adequately preparing for
retirement as well as how accurate workers are in their perceptions of their preparedness.
The Transamerica Center For
Retirement Studies 2015
Survey of Workers This 16th annual survey of 4,550 workers takes an in - depth look at a broad spectrum of retirement issues, from how much workers are saving, how much money they think they'll need to retire and what income sources they'll rely on after ret
Survey of Workers This 16th annual
survey of 4,550 workers takes an in - depth look at a broad spectrum of retirement issues, from how much workers are saving, how much money they think they'll need to retire and what income sources they'll rely on after ret
survey of 4,550 workers takes an in - depth look at a broad spectrum of
retirement issues, from how much workers are saving, how much money they think they'll need to retire and what income sources they'll rely on after retiring.
Somewhat disheartening, respondents to Prudential's 2016 - 2017 LGBT Financial Experience
Study were «less likely to have started saving or investing for
retirement... than those
surveyed in 2012.»
As per the
survey titled «The NRIs» Investment Inflows into India - A Pulse
Study», two - thirds of the NRI respondents have agreed that a new government will make way for a favorable environment that promotes investor - friendly
retirement planning in India.