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A growing share of working Americans don’t think they will ever retire, recent surveys suggest.
Retirement is a time-honored life stage and a near-universal expectation in working America. Yet, a comfortable retirement requires savings, and many workers fear they don’t have enough.
In a July poll conducted jointly by Axios and Ipsos, 29 percent of workers under 55 answered a retirement query with, “I don’t think I will ever retire.”
Asked why not, three-quarters of the never-retire group said they could not afford to stop working. A smaller share said they didn’t want to.
“How to make the dollars and cents of retirement work is a constant balancing act for those who are retired and Americans hoping to reach that milestone one day,” said Clifford Young, president of Ipsos Public Affairs.