Most Pre-Retirees Feel Unprepared for Retirement

Most Pre-Retirees Feel Unprepared for Retirement (Financial Planning)

"Twenty-five percent of the 33 million U.S. pre-retirees, surveyed, said they felt 'very prepared' for retirement, down from 30% of those surveyed in 2010. The study considered the pre-retiree population as people between the age of 55 and 70 who have not yet retired. Thirty percent of males said they were very prepared compared to 23% of females. Also, people with financial advisors seem to be in a better position with 39% of the very prepared already having advisors versus 20% who did not."

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