Despite a slow rebound by the economy, many employees continue to be concerned about their ability to retire and are taking steps to get their financial houses in order.

A new survey by global professional services company Towers Watson found that the percentage of workers who said they were very or somewhat confident about having enough resources to live comfortably 15 years into retirement increased from 62 percent in 2010 to 68 percent last year. Workers are less confident about living comfortably throughout retirement, with less than half of respondents saying they were very or somewhat confident they will have enough resources to last 25 years into retirement. This compares to 40 percent who said they were very or somewhat confident in 2010.

The survey also found that fewer employees are experiencing significant declines in their pension and retirement savings – 47 percent in 2011 versus 55 percent in 2010 and 60 percent in 2009. Additionally, employee satisfaction with their household finances continued to improve, jumping from 33 percent in 2010 to 41 percent in 2011. Despite this upturn, three in five workers (59 percent) remain generally unsatisfied with their financial situation.

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