Local Paper Front Page—Retirement worries grow; 30-somethings most uneasy

Posted by Kendall Harmon

Americans in their late 30s are now the group most likely to doubt they will be financially secure after retirement, a major shift from three years ago when baby boomers nearing retirement age expressed the greatest worry.

The survey findings by the Pew Research Center, released Monday, reflect the impact of a weak economic recovery beginning in 2009 that has shown stock market gains while housing values remain decimated....

“My biggest fear is not being able to retire,” [37 year old Nicole] Gilliard said as she came out of the courthouse on Meeting Street after work Monday. “I have a 5-year-old, and my biggest fear is that I’m going to have to keep working to put her through school.”

Read it all.

Filed under: * Culture-WatchPsychology* Economics, PoliticsEconomyPersonal FinancePensionsThe Credit Freeze Crisis of Fall 2008/The Recession of 2007--The U.S. GovernmentSocial Security

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Posted October 23, 2012 at 6:15 am [Printer Friendly] [Print w/ comments]
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