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  1. Retirement
  2. Retirement Planning

Half of Americans Aren't Sure They'll Be Able to Afford Retirement

Published: Apr 12, 2017 1 min read
Senior woman saving money in piggy bank
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Almost half of Americans fear they won't be able to afford retirement, according to a new survey by the American Institute of CPAs.

Half of non-retired adults (49%) said they were not confident they'd be financially prepared to retire in the future, and 42% of non-retired adults said that was causing them anxiety, according to the survey results, which were reported by the Journal of Accountancy on Wednesday. Still, 46% of non-retired adults said they were confident they will save enough for retirement.

Many respondents said political uncertainty was the reason for their anxiety — including uncertainty about health care (68%), Social Security (62%) and tax rates (52%).

The poll, conducted by Harris Poll, surveyed 1,018 people by telephone during March.