The ongoing financial malaise has not significantly altered Americans’ propensity to save for retirement, according to the Society of Actuaries (SOA).
Indeed, SOA’s bi-annual "Risks and Process of Retirement” report produced largely similar results to the report produced two years earlier. In both the 2007 and 2009 reports, almost one-third of pre-retirees (individuals currently in the workforce) stated that retirement would not really apply to them. Of this group of pre-retirees, 31% said they will be financially unable to retire, and 23% will choose to continue working.
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