Two separate bank-sponsored studies reveal Americans lack confidence that they are – or can – save enough to retire comfortably.
One study from TD Bank, a regional operating throughout the eastern seaboard, reported improving overall savings trends. Yet, on the question of retirement, most respondents said they're not confident they'll have enough to retire comfortably.
Only 29 percent said they're "very" or "extremely confident" in their retirement prospects, and 36 percent said saving for retirement represents their main financial fear.
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