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In truth, the staff stated they worry retirement greater than:
divorce (64%)
demise (61%)
getting fired (54%)
falling into poor well being (53%).
These fears come amid monetary considerations within the office, together with changing into a monetary burden (39%) and never having sufficient saved for medical emergencies or sudden prices (39%) after retirement.
“Our survey reveals that monetary stability is a main concern amongst contributors, with many fearing they will not be capable of afford to retire and sustain with the naked necessities like healthcare, or that they may change into a monetary burden to their family members,” stated Jasmine Escalera, profession skilled at LiveCareer, in a press release.
Monetary anxieties
In accordance with the report, 59% of workers are involved concerning the rising value of long-term care in retirement.
One other 52% are fearful about making poor funding selections and dropping retirement funds. Others cited these retirement-related considerations:
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