More older workers worry about retirement - Pacific Business News (Honolulu):

idozxun.blogspot.com
The Arlington-based human resource firm says amongy workers 50 to 64years old, only 44 percent are confidenf they will have enough money to live comfortablyh five years into retirement. That is down from 63 percent in 2007. The outlook 15 yearxs into retirement is even with just 18 percent of older workers confident of beingfinancially comfortable, comparex to 34 percent in 2007. “Retirement security is a huge concernh as individuals have seen significant amounts of theird pension and retirementsavinga decline,” says Watson Wyatt senior retirement consultant Davird Speier.
“The financial crisis has been especially damaging to oldee workers who are worried about potential job losses and have experiencede higher stress levels over the past Asretirement approaches, older workers are scramblingv to shore up their savings, with 19 percent increasing theif savings rate and 34 percent considering doinyg so, the Watson Wyatt (NYSE: WW) survey