FINANCES DURING RETIREMENT

Only 22% of pre-retirees expect their financial situation to be worse in retirement. However, 35% of retirees reported that their financial situation has been worse after retiring.

expectations

Views of Pre-Retirees

VS.

reality

Experiences of Retirees

14%

BETTER

15%

22%

WORSE

35%

62%

ABOUT THE SAME

49%

Question for Retirees: All in all, how would you say your financial ability to live comfortably is in retirement as compared to the 5 years before you retired? Is it better, worse or about the same?

Question for Pre-Retirees: All in all, how do you think your financial ability to live comfortably will be in retirement as compared to now? Will it be better, worse or about the same?

Asked of random selection of retirees and pre-retirees; n=1164; retired =755; pre-retired =409

* Percentages may not total to 100% due to respondents who refused, or who replied "I don't know."