When asked if they can 'successfully choose investments that could last into their 80s or 90s,' few boomers surveyed said they were 'very confident.' (Photo: Shutterstock)
Just 31 percent of workers believe they'll have set aside enough money for a comfortable retirement—and they're not all that confident about their ability to choose good stocks, either.
According to the 2018 Global Investment Survey from Legg Mason, the older they are, the more pessimistic workers are about their investing confidence.
When asked if they can “successfully choose investments that could last into their 80s or 90s,” just 32 percent said they were “very confident” overall.
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Marlene Satter
Marlene Y. Satter has worked in and written about the financial industry for decades.
