Thursday, March 09, 2006

 

Transamerica Survey Shows Lack of Confidence and Knowledge in Retirement Savings

Results from the Seventh Annual Transamerica(1) Retirement Survey underscore that the nation's retirement confidence is lagging, highlighting the need for employees to have improved access to investment advice. Survey data shows that only 53 percent of employees surveyed in 2005 agree they are building a large enough retirement nest egg. Confidence is even lower among employees with household incomes of less than $50,000 (38 percent).

Read Full Story: Transamerica Survey Shows Lack of Confidence and Knowledge in Retirement Savings
Source: PR Newswire

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