“Preparing for life after work is no picnic. A recent study by the National Institute on Retirement Securityreveals 82 percent of Coloradans believe the nation is facing a retirement crisis.
The report, What do Coloradans think about Economic Security in Retirement? It’s a Rocky Road to Retirement, was released March 1 to coincide with America Saves Week, an annual opportunity for organizations to promote saving.
Findings indicate that the majority of locals agree that the nation currently faces a retirement crisis. Some 72 percent say economic conditions affect their ability to secure retirement, citing rising long-term care costs, salaries failing to keep pace with cost of living, and other factors that are making retirement seem unattainable.”