That's the result of a new survey of workers and retirees by Axa Equitable Life Insurance Company. Among the findings:
- Things aren't getting better. 85% of those surveyed think their standard of living will not improve, or will get worse in retirement.
- Nobody likes risk. Most of those surveyed want investments with low risk, even with low returns.
- Social Security is sinking. And over half of people expect changes in the system during the next 10 years.
- Taking a pay cut. 70% of retirees have lower incomes after retirement.
1 comment:
We won't retire early if we can, work long as we can, so many seniors should hold together. One of seniors on boomermingle c o m said.
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