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%
|