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18th Annual Retirement Confidence Survey:(R) Workers Show Record Drop in Retirement Confidence, Health Care and Economy Are Major Concerns
Date:4/9/2008

s).

-- Paying down debt or loans (13 percent of workers, 5 percent of retirees).

-- Fuel or energy costs (9 percent of workers and retirees).

-- Job uncertainty (6 percent of workers, 8 percent of retirees).

The 2008 Retirement Confidence Survey(R) was conducted in January 2008 through 20-minute random telephone interviews with 1,322 individuals (1,057 workers and 265 retirees) age 25 and older in the United States. The survey has a margin of error of plus or minus 3 percentage points. Details of the methodology appear in the April 2008 EBRI Issue Brief.

EBRI is a private, nonprofit research institute based in Washington, DC, that focuses on health, savings, retirement, and economic security issues. EBRI does not lobby and does not take policy positions. http://www.ebri.org

Underwriters of the 2008 RCS include 40 organizations: Alliance Bernstein, Allstate, American Express, Ameriprise Financial, Inc., American Institute of Certified Public Accountants, Aon Consulting, Inc., AT&T, Barclays Global Investors, Buck Consultants, CalSTRS, CitiStreet, Deere & Company, ELM Income Group, Financial Engines, Financial Industry Regulatory Authority, Genworth Financial, Goldman, Sachs & Co., Goldman Sachs Asset Management, Hewitt Associates, IBM, Investment Company Institute, Mass Mutual Financial Group, Mercer, MFS/SunLife, PIMCO, Principal Financial Group, Procter & Gamble, Pyramis Global Advisors, Rockefeller Foundation, Russell Investment Group, Segal Company, Society for Human Resource Management, State Street Corp., Towers Perrin, and the Charter Partners of the American Savings Education Council: AARP, Fidelity Investments, InCharge Education Foundation, MetLife, Nationwide Financial Services, Prudential Retirement.


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SOURCE Employee Benefit Research Institute
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