younger woman, older and younger man with worried faces looking up (Photo: Shutterstock)

People really aren’t very optimistic about how well off they’ll be financially once they retire. In fact, just 27 percent of respondents in TIAA’s 2019 Lifetime Income Survey say they’re “very confident” that they will always feel financially secure, including during retirement.

The chief obstacles to such confidence come in the form of competing priorities, economic uncertainty and a lack of planning, according to the report, with just 35 percent of respondents saying they feel confident about being able to maintain their lifestyle for as long as they live.

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Marlene Satter

Marlene Y. Satter has worked in and written about the financial industry for decades.

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