General World News

Worker survey finds that 70% are struggling to save for retirement

Nearly 70% of American workers say they’re unlikely to save enough to meet their retirement needs. And that’s only part of the bleak outlook gleaned from the 6,135 responses to a survey released earlier this month by the Transamerica Center for Retirement Studies (TCRS).

Most respondents expressed concerns about achieving the same financial security as their parents’ generation and fears that Social Security will not cover their needs when they’re done working. More than half (56%) say they’re still recovering financially from the impacts of the COVID-19 pandemic, while nearly half (43%) worry that artificial intelligence and details ⇒

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