Pentegra Retirement Services study finds only 19%, or nearly one in five adults surveyed, said they will be able to retire at age 65.
They may have the motivation, and even have the money, but more than a third of American pre-retirees say they're simply overwhelmed by the process.
Employees making some positive changes in retirement planning, but poor money management skills and long-term economic challenges continue.
The experts agree. Retirement is getting more complicated.
The housing market’s decline has led some consumers to shift their savings priorities elsewhere.
Even though some are doing what they love, small business owners are the latest group to express concerns on whether they will ever be able to retire.
Some members may be among those investors that are still skittish about risk when it comes to their investment choices and if they are adequately prepared to retire.
As investors recover from the economic meltdown of 2007 through 2009, they are anxious to find attractive investment returns.
The idea came from someone who worked with the state of North Carolina’s retirement division and who also served on the advisory board at one of State Employees’ Credit Union.