How do Americans feel about retirement?

latino retirement

Thoughts about retirement and savings can stress out one-third of Americans who are worried about their future.

A recent WalletHub study revealed respondents' feelings regarding retirement, with a survey asking questions including when people started saving for retirement, the biggest threats to their retirement plans, and how often they think about their retirement.

Read more: Most seniors retire before age 65, study shows 

The study found that more than three in 10 people feel anxious when thinking about retirement and more than one in three Americans don't have a retirement plan.

Of those saving for retirement, three in 10 people began saving between the ages of 18 and 29, but nearly half of respondents are not confident that they will have enough money to retire.

Read more about how Americans feel about their retirement goals.

Americans' thoughts on their retirement goals

At what age did you start saving for retirement?
18-29
30%
30-39
28%
Haven't started yet
18%
40-49
16%
50 or older
8%
Are you confident that you will have enough money to retire?
Yes
54%
No
46%
How does thinking about retirement make you feel?
Anxious
31%
Motivated
30%
Empowered
17%
Scared
12%
Pessimistic
10%
Do you have a retirement plan?
Yes
65%
No
35%
What threatens your ability to retire the most?
My financial decisions
26%
Stock market
20%
Social Security benefits
20%
Job market
20%
My life choices
14%
Are you counting on family members to support you financially when you retire?
No
78%
Yes
22%
Do you expect to work until you die?
No
61%
Yes
39%
Is it more important to make retirement contributions or pay off debt?
Pay off debt
63%
Make retirement contributions
37%
How often do you think about retirement?
Often
44%
All the time
30%
Rarely
20%
Never
6%

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