Reported 1 day ago
A recent 2025 study by Allianz Life indicates that nearly 63% of Americans feel confident about achieving their retirement goals, with 55% believing they are saving adequately in their retirement accounts. This marks a positive shift from past perceptions, although financial confidence has decreased significantly due to rising living costs and economic uncertainties. Millennials and Gen Xers are particularly struggling, with many prioritizing immediate expenses over long-term savings. Experts emphasize the importance of planning and consistent saving to ensure a secure retirement.
Source: YAHOO