Despite Economic Challenges, Nearly Two-Thirds of Employees Feel on Track for Retirement

Despite Economic Challenges, Nearly Two-Thirds of Employees Feel on Track for Retirement

4 th annual survey shows employees increasingly view their 401(k) in terms of retirement income as opposed to merely a savings vehicle

COLUMBUS, Ohio, Sept. 10, 2024 /PRNewswire/ — Amid today’s economic challenges, American workers are showing remarkable confidence in their long-term financial and retirement plans, according to the fourth annual Protected Retirement survey from the Nationwide Retirement Institute ® . More than six in ten (65%) of workers say they are on the right track when it comes to financial preparedness for retirement; this figure rises to 71% for 22-34-year-olds, a 15-point increase from 2023.

After months of strong […]

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