The retirees surveyed in EBRI's study also show less, but still considerable dependence on Social Security. Nearly six in 10 count it as a major source of their retirement income. (Photo: Shutterstock)
Current retirees are more confident than ever in their chances of living out their retirement years in comfort, according to this year's annual Retirement Confidence Survey, produced by the Employee Benefit Research Institute.
According to EBRI's survey of 1,000 retirees, 82 percent said they are very, or at least somewhat confident they have enough savings to provide for a comfortable retirement.
That's up 7 percent from last year, and 15 percent from retiree confidence levels reported in the wake of the financial crisis.
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Nick Thornton
Nick Thornton is a financial writer covering retirement and health care issues for BenefitsPRO and ALM Media. He greatly enjoys learning from the vast minds in the legal, academic, advisory and money management communities when covering the retirement space. He's also written on international marketing trends, financial institution risk management, defense and energy issues, the restaurant industry in New York City, surfing, cigars, rum, travel, and fishing. When not writing, he's pushing into some land or water.
