A quarter of Americans worry about running out of money in retirement

retirement

This Way to Retirement

By Rodney A. Brooks

What is out biggest fear when it comes to retirement?

Well, according to a new survey from the Indexed Annuity Leadership Council, our biggest fear is running out of money. Twenty-five percent of Americans are worried about that. And it’s not the first survey to show that trend.

“I think when you look at the top fears of people and what’s on their minds, and 25 percent of Americans are concerned about outliving their retirement, the immediate reaction is a lot of people aren’t thinking about that or don’t want to because they haven’t’ looked at what their future holds,” says Jim Poolman, executive director of the council.

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