Retirement confidence remains at historic lows, according to the Employee Benefit Research Institute's 2013 Retirement Confidence Survey, with 28 percent of respondents saying they are not confident in their ability to retire.
That number has essentially stayed the same since 2011. Only 13 percent of respondents said they were confident and 38 percent said they are somewhat confident they will be able to retire comfortably.
Co-sponsored by the Principal Financial Group, the annual survey looks at how much people are saving for retirement, whether they have sought the advice of a financial expert in their planning and what they think they will need to retire comfortably. This year's survey also asked if they would reduce the amount of money they set aside in an employer-sponsored plan if Congress took away tax incentives.
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