Retirement, Once on Track, Is Now Derailed for Many – Treasury and Risk

Analysis

Fidelity’s State of Retirement Planning study takes the financial pulse of American workers, finding some good news and some not-so-good news.

Stock illustration: Time vs money

Many Americans who thought their retirement planning was on track before the pandemic now find their plans detoured or even derailed. Fidelity’s State of Retirement Planning study examined the extent of planning Americans have undertaken to meet their retirement goals, how they feel about those efforts, and the impact the Covid-19 pandemic has had on their preparation. The study also looked at what worries them most and the role that planning plays in allaying their stress and concern.

Here are some takeaways:

Retirement planning.  Most Americans (69 percent) described themselves as proactive or planners, and 64 percent either have a plan or have thought in detail about how to afford their desired lifestyle in retirement.

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

Your access to unlimited Treasury & Risk content isn’t changing.

Once you are an ALM digital member, you’ll receive:

  • Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM websites including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now