Nearly three-quarters of Americans worry that they won't have enough money to retire or pay for health care costs in retirement, and nearly 50 percent are living paycheck to paycheck.

In the most recent Harris Interactive poll, only 41 percent of people who haven't retired yet believed that Social Security would still be around when they retire.

Sixty-three percent of Americans said they are putting money toward savings, with the top goals being a rainy day fund for unexpected costs and retirement. Priorities change in households with children. College savings rises in importance among respondents with children, largely at the expense of the rainy day and retirement savings accounts, the survey found.

Continue Reading for Free

Register and gain access to:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.