New TIAA Survey Identifies Factors That Build and Detract From Financial Confidence

New TIAA Survey Identifies Factors That Build and Detract From Financial Confidence

NEW YORK–( BUSINESS WIRE )–TIAA’s 2019 Lifetime Income Survey found that various uncertainties are key detractors of financial confidence among Americans– with just three-in-ten respondents saying they are very confident they will always feel financially secure, including during retirement. Only a little more than one-in-three (35%) are very confident they will be able to maintain their lifestyle as long as they live. Uncertainty about the future of social programs and market performance, concerns about unexpected expenses and investment losses, and fear of saving too little are all major detractors of confidence.

The survey showed a number of skills and practices […]

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