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Americans Have Good Reason To Be Worried About Retirement

Mar 20, 2013, 04:33 IST

An annual survey released today by the Employment Benefit Research Institute shows Americans' outlook on retirement is dismal.

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Only 13 percent of workers reported being "very confident" when it comes to saving for retirement. And almost double that amount — 28 percent — said they were "not at all confident" about their post-working years.

According to survey data, much of that insecurity stems from a mix of poor preparation and a focus on paying day-to-day expenses rather than saving for the long-term. We've compiled the most interesting charts to show just how scary the retirement problem is.

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