Two recent surveys reveal that a majority of Americans fear delaying retirement due to insufficient savings.
Goldman Sachs, referring to the situation as a “financial vortex,” suggests that this anxiety stems from a lack of financial planning.
The surveys, conducted by Goldman Sachs and Bankrate, found notable variation in confidence levels across different age groups.
My Take…
The fear is real. Although I find that people think they need a lot more than they really do.
For more details click on the link:
https://www.businessinsider.com/retirement-savings-investing-goldman-sachs-financial-advice-2023-10
