People are pessimistic about the future state of retirement, according to the first AEGON Retirement Survey.
Of the 9,000 respondents to the survey, in eight European countries and the U.S., 71 percent who are still working said that future generations will be worse off in retirement than current retirees—reversing the long-established notion that each generation helps pave the way for subsequent generations to enjoy a higher standard of living.
More than two-thirds of respondents accept that they bear principal responsibility for their retirement security, but only 15 percent are confident they are on the right course to achieve the retirement income they need.
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