Do You Have Enough Money to Retire? Tuesdays Access Utah
According to a study from the Employee Benefit Research Institute, 28 percent of Americans have no confidence they will have enough money to retire comfortably -- the highest figure in the study's 23-year history. 41 percent do say they are at least somewhat confident. How confident are you? Until recently most of our attention has focused on accumulating assets for retirement; now as baby boomers retire, there is a lot more emphasis on managing money IN retirement to make it last. How much do you need for your retirement? Can you rely on the stock market to safely leverage your savings? How will recent changes in health care and other laws affect your retirement? What if you are self-employed or relying on a pension?
Jean Lown, USU Professor of Family Consumer & Human Development; and Mike Lyons, USU Associate Professor of Political Science will answer your retirement questions on Tuesday’s Access Utah.