{"id":1938446,"date":"2023-05-26T05:16:40","date_gmt":"2023-05-26T09:16:40","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/americans-confidence-in-retirement-at-lowest-point-in-more-than-a-decade\/"},"modified":"2023-05-26T05:18:36","modified_gmt":"2023-05-26T09:18:36","slug":"americans-confidence-in-retirement-at-lowest-point-in-more-than-a-decade","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/americans-confidence-in-retirement-at-lowest-point-in-more-than-a-decade\/","title":{"rendered":"US Retirement Confidence Hits 10-Year Low"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">12<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Famericans-confidence-in-retirement-at-lowest-point-in-more-than-a-decade%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1938446&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><h2>Americans&#8217; Confidence in Retirement Hits Record Low<\/h2>\n<blockquote>\n<p>Americans&#8217; confidence that they&#8217;ll enjoy a comfortable retirement has reached its lowest point since 2012, according to a recent Gallup poll.<\/p>\n<\/blockquote>\n<p>The April <a href=\"https:\/\/news.gallup.com\/poll\/506330\/americans-outlook-retirement-worsened.aspx\">poll<\/a> found that just 43 percent of individuals who have not yet retired believe they will have enough money to be financially comfortable in retirement. This represents a 10 point decline since 2021 and the lowest level of confidence in retirement since 2012. In contrast, 77 percent of current retirees said they have enough money to live comfortably.<\/p>\n<p>This poll comes as <a href=\"https:\/\/freebeacon.com\/biden-administration\/inflation-reaches-40-year-high\/\">record-high<\/a> inflation under the Biden administration has swallowed up Americans&#8217; paychecks and lowered their confidence in the economy. Another April Gallup poll <a href=\"https:\/\/news.gallup.com\/poll\/505478\/americans-lack-confidence-major-economic-leaders.aspx\">found<\/a> that the vast majority of Americans don&#8217;t have confidence in President Joe Biden to do the right thing on the economy.<\/p>\n<h3>Widespread Pessimism About Finances<\/h3>\n<p>A host of <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/americans-confidence-in-retirement-at-lowest-point-in-more-than-a-decade\/\" title=\"US Retirement Confidence Hits 10-Year Low\">recent polling shows <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/republicans-smell-blood-in-the-water-as-democrats-scramble-before-midterms\/\" title=\"Republicans Smell Blood in the Water as Democrats Scramble Before Midterms\">widespread pessimism<\/a><\/a> about Americans&#8217; finances. Another Gallup <a href=\"https:\/\/freebeacon.com\/latest-news\/americans-confidence-in-housing-market-hits-all-time-low\/\">poll<\/a> conducted in April showed fewer Americans believe it is a good time to buy a house than at any point since the poll began in 1978. A CNBC poll last month <a href=\"https:\/\/freebeacon.com\/biden-administration\/70-percent-of-americans-financially-stressed-while-biden-admin-says-economy-doing-very-well\/\">found<\/a> that 70 percent of Americans &#8220;admit to being stressed about their finances these days.&#8221;<\/p>\n<p>Americans&#8217; economic pessimism comes as several economic signals have <a href=\"https:\/\/freebeacon.com\/biden-administration\/recession-inbound-us-unemployment-claims-hit-1-5-year-high\/\">pointed<\/a> toward a recession being likely before the end of the year.<\/p>\n<ul>\n<li><strong>Key Takeaway:<\/strong> Americans&#8217; confidence in their financial future is at a <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/saturdays-fun-fraud-facts-seven-unexplainable-results-that-reveal-democrats-didnt-even-try-to-hide-their-fraud\/\" title=\"Saturday's Fun Fraud Facts: Seven Unexplainable Results that Reveal Democrats Didn't Even Try to Hide Their Fraud\">record low<\/a>, with just 43 percent of those who have not yet retired believing they will have enough money to be financially comfortable in retirement. This comes as inflation and economic uncertainty continue to take a toll on Americans&#8217; finances.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>-year low in retirement confidence among Americans, with only 43% of non-retirees believing they will have enough money to be financially comfortable in retirement, according to a recent Gallup poll.<\/p>\n","protected":false},"author":2060,"featured_media":1938447,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[544],"tags":[26381,6711,7948,7620],"class_list":["post-1938446","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-free-beacon","tag-10-year","tag-confidence","tag-hits","tag-retirement"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1938446","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/2060"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1938446"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1938446\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1938447"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1938446"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1938446"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1938446"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}