Saving enough for retirement is the main financial concern of U.S. consumers, according to a recent survey by American Express Retirement Services. Although 44% of those surveyed said adequate retirement is their top financial concern, nearly half said they aren’t confident they are saving enough.
Overall, people aren’t saving because of "euphoria stemming from current economic conditions,” the survey said. Some 75% of those surveyed reported they see overall economic conditions improving or remaining the same over the next year. Only 15% expressed concern that their own financial situation could deteriorate over the next 12 months. Nearly one-third of U.S. consumers said they would invest in the stock market in the upcoming year; one-fourth said they are less likely to do so.
The U.S. data were taken from an international survey by Taylor Nelson-Sofres, an international opinion research company
