For most workers, retiring comfortably is the end goal. Unfortunately, 57% of all workers are unsure they can comfortably move into retirement, according to Bankrate’s latest Retirement Savings Survey. Some of that doubt may stem from uncertainty about when Social Security will run out of money. However, interesting generational differences emerged in the study. Younger workers tend to be more optimistic, likely because they have more time to save. In some cases, they are taking action; Gen Z workers are the most likely cohort to say they are saving "much more" or "slightly more" than last year.
How about you? Are you taking action? There are steps you can take now, no matter your age, to ensure a financially sound retirement.
