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| Economy |
| Poll: Retirement outlook gloomy in US |
| 2011-04-26 |
| [Iran Press TV] A new survey has indicated that a majority of non-retired Americans are pessimistic about the financial status after their retirement. The poll conducted by Gallup said on Monday that 53 percent of non-retired Americans do not think they will have enough money to live comfortably in retirement. The new figure is up in comparison with the 2002 poll. At that time, when Gallup asked non-retired Americans about their projected retirement resources, they were twice as likely to say they would have enough money to live comfortably as to say they would not. By 2009, a majority of Americans said they would not have enough money to live comfortably in retirement. That percentage abated slightly last year, but is up to a new high of 53 percent in this year's survey, conducted April 7-11. General economic attitudes affect how Americans look at retirement. Americans were more positive about the overall economy -- and retirement -- prior to the recent recession. The ongoing political discussion about the fragility of the country's Social Security and Medicare programs may also reduce non-retired Americans' comfort with projections of their monetary resources in retirement. Non-retired Americans now project that they will retire at age 66, up from age 60 in 1995. |
| Posted by:Fred |
| #6 Forget the term "Democrat" party. There is no such party any more. It has been taken over and replaced with a hard line "Socialist" party agenda. And clearly, their plan is to take over all of America and Americans by bleeding them of everything they have, and at the same time import anything and anybody who is pro-Socialist, marshalling illegal aliens to come across the borders, to allow religions foreign to our Christian heratige to come in set up and some day outnumber the original people of America. THAT is what is happening this very moment. And if it keeps up, yes, Pelosi WILL be speaker again, Obama's little wet dream |
| Posted by: Thairt Tingle4768 2011-04-26 17:24 |
| #5 Socialists in the United States are creating crisis after crisis in order to take control of all aspects of American life. i.e. Not only has the new socialist government taken over health care, the increase of the price of fuel caused by the EPA banning drilling is causing airlines and many other American industries to now loose money. It gives the Socialists in the US a chance to take over those industries. They have no concern about Americans, only to take control of Americans through the crisis they are creating as fast and hard as they can, while the rest of us sit around and just let it happen. |
| Posted by: Thairt Tingle4768 2011-04-26 17:12 |
| #4 I am sure retirement in Iran looks swimmingly good. |
| Posted by: newc 2011-04-26 16:52 |
| #3 My plan is to move to Guam, take up residence in Joe's beach vila and operate a 'cash only' snow removal business on the side. |
| Posted by: Besoeker 2011-04-26 13:34 |
| #2 ..to live comfortably in retirement. That's a vague definition. What's comfortable? It varies with individual. If it's having a second home in Puerta del Sol Mexico, traveling extensively, eating out most of the time, we're dealing with something other than securing the basic needs of life. Substituting resource insatiable and power hungry government bureaucrats for the extended family, of a hundred years ago, in old age support might not have been as good as a trade off as some had thought. That and the damn unhelpful attitude of people living way too long beyond the expectations of demographers./sarc off |
| Posted by: Procopius2k 2011-04-26 08:58 |
| #1 Both Perts + Bloggers/Netters are effec saying the same thing - those Amers already retired andor soon-to-retire may end up being the hardest hit iff the US formally defaults on its debts. THE $$$ LIKELY WON'T THERE ANYMORE FOR RETIREE, MORTAGOR, LENDEE, DISABLED OR BANK??? |
| Posted by: JosephMendiola 2011-04-26 00:23 |