AARP Home » AARP Blog » AARP »Money & Savings »Notable News 1/21/10

Notable News 1/21/10

Posted on 01/21/2010 by |Archived Contributor | Comments

Money & Savings Print Print

Remember about a week ago when I shared an article about optimism being linked to health? Well, here’s a Reuters piece on a study that shows that baby boomers are not very optimistic about their chances of retiring.
A whopping 41 percent of survey respondents (who were Americans who turned 50 this year) said they don’t think they will ever be financially stable enough to retire – and even more shockingly, 23 percent said they have not even started saving. The survey was commissioned by Pulte Homebuilders, Inc., and found that despite these financial worries, 30-40 percent of baby boomers still plan to move when and if they do retire.
Are you optimistic about retirement?