Monday, June 09, 2008

 

Nationwide Retirement Income Confidence Survey Reveals Retirees Might Be Under-Utilizing Retirement Savings

New research conducted by Nationwide, in conjunction with Yankelovich, found that 57 percent of retirees are living on Social Security and pensions alone – leaving a significant chunk of their retirement nest egg untouched. Furthermore, the research – Nationwide’s Retirement Income Confidence Survey – found that, of those who said they live solely on Social Security and pensions, almost a quarter admitted they were afraid to spend down their retirement investments.

Nationwide Retirement Income Confidence Survey Reveals Retirees Might Be Under-Utilizing Retirement Savings
Source: Yahoo! Finance

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