The Employee Benefit Research Institute's 29th annual Retirement Confidence Survey has found 82 percent of retirees are confident in their ability to live comfortably throughout retirement. That's up from 75 percent last year, and ties a record for this survey. This year’s survey equals the highs measured in 2005 and 2017.
The percentage of those still working who say they are very confident in their ability to live comfortably throughout retirement reached 23 percent. That level is consistent with what we saw in the late 1990s and early 2000s, prior to the recession.
EBRI also found the age at which Americans expect to retire and when they actually do doesn’t always match up. The median age for retirement is 62, even though many workers think they’ll be working until 65. Sometimes, that's because people can afford to retire - but sometimes it's not voluntary, but rather due to a health or disability problem, or issues with the employer.
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