A survey was released recently by the insurance and financial company now called The Hartford. The survey measured those who planned for retirement - call PLANNERS in the survey- and non-planners. As you might expect non- planners aren't very close in saving for retirement, only 10% of non-planners are confident that they will have enough income.
I don't play sports because I'm not very coordinated, but I have heard that the best way to hit a target Is to look where you intend for the ball - or arrow or whatever- to go. You have to aim for something, you need to PLAN.
Many Americans have experienced changes in their retirement savings after the recent recession.
Here are some survey results:
Are you on track in your savings?
Non- planners 39%
Do you save more now?
If we could 'turn back time' 26% of all would have saved MORE and 43% of all respondents would have started saving SOONER.
65% of all respondents said that their biggest concern in retirement is paying for basic expenses such as food shelter and clothing.
Do better today than yesterday, but get a move on!
Marion R. Syversen, MBA - President
Check out our website that includes weekly streaming videos
Voted Bangor's Best Financial Planning Firm 2009 by Market Surveys of America
In compliance with requirements from FINRA, all e-mail sent via the WSFG domain will be subject to review and archiving by Wall Street Financial Group, Inc.
Email management, archiving & monitoring technology powered by Smarsh, Inc.
Only securities and advisory services offered through Wall Street Financial Group, Inc. Registered Investment Advisor. Member FINRA/SIPC. Norumbega Financial, Wall Street Financial Group, Inc. and other companies listed herein are separate entities, independently owned and operated.
Fields marked with a * are required.
Want a personal picture next to your comment? Sign up for a free Gravatar or post with your facebook account.
Breaking News from CBS
Fluffy cows at Lautner Farms in Adel, Iowa, have become a worldwide sensation after a photo was posted on Reddit. KCCI's Vanessa Peng reports.
Bureau calls off search in Michigan field just a few hours after digging resumed on third day
The National Trust for Historic Preservation releases 2013 list of most endangered historical sites
Reputed Detroit mobster Tony Zerilli insists he knows how powerful Teamsters leader died, where he's buried
The classic word game is more popular than ever, with more than 120 million copies. Recently, Mad Libs returned to its roots, releasing a version for grown-ups. Mo Rocca reports.