Retirement weighs heavily on most Americans when the main issue is whether or not they have saved enough for it. A recent survey by Bankrate.com found 76% of Americans have financial regrets. Besides retirement savings, there also are regrets tied to other savings and debt.
The survey did find some good news about getting older: Silent Generation respondents and older baby boomers (ages 65 to 73) were less likely than younger respondents to have financial regrets.
The study was conducted by SSRS via its Omnibus survey platform on which 1000 interviews were conducted from April 30 to May 5.
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Ginger Szala
Ginger Szala is executive managing editor of Investment Advisor magazine. She covered the financial business and alternatives industry for 30 years while editor of Futures Magazine Group. MSJ Northwestern, BA University of Wisconsin-Madison. She is based in Chicago. Go Blackhawks!
