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Archive for the ‘Finance’ Category

Retirement Anxiety

Consumer anxiety about retirement rises and falls based cost of living going up or down and the stock market patterns.

People worry about job loss, layoffs, early retirement, and reduced income. How will they manage to pay all the bills today? How will they manage to maintain their lifestyle when they retire? Will they have enough money to last as long as they expect to live?

Overall women are more stressed than men. This could relate to the fact that women generally have lower incomes and therefore lower pension plan payouts.

Men and women are stressing out about retirement savings at an even earlier age. The most stressed are between 30-49 years of age.

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