A national survey finds that among people who are eligible to participate in an employer-sponsored defined contribution retirement plan, both men and women are concerned about saving enough for retirement, but women are more concerned with making their monthly expenses.
The survey was conducted by Brightwork Parners and sponsored by MassMutual Retirement Services.
Among other survey responses, 31 percent believe the U.S. will be in a recession in the next year and 38 percent say they are afraid of losing their jobs. Twenty-one percent said their biggest financial worry was keeping up with monthly expenses, while 18 percent said theirs was saving for retirement.
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