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Wealthy Americans Aren’t Worried Enough About Retirement: Report

By: Mary Ellen Cagnassola
Mary Ellen Cagnassola, expert in Social Security, retirement, housing, and Reporter at Money
Mary Ellen Cagnassola
Reporter | Joined May 2024
Mary Ellen (M.E.) Cagnassola joined Money as a reporter in 2022 covering retirement, housing, employment, personal debt, lifestyle and more. Her reporting is informed by a dedication to service and equity.
See full bio
Editor: Brad Tuttle
Brad Tuttle, expert in Personal finance, shopping, consumer trends, and Senior Editor at Money
Brad Tuttle
Senior Editor | Joined January 2014
Brad Tuttle is a senior editor at Money with over 10 years’ experience covering a vast number of personal finance topics, including careers, cars, travel, budgeting, investing, insurance, credit cards, consumer psychology, real estate, banking, and shopping and deals.
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Published: Jun 14, 2023 5 min read
Illustration of a person with retirement thoughts following him everywhere
Rangely García for Money

From shrinking Social Security benefits and longer lifespans to macroeconomic factors like inflation, Americans have plenty to worry about when it comes to planning their retirements.

New analysis, however, suggests many people should actually be more worried than they are about their retirement preparedness.

The National Retirement Risk Index (NRRI) report from the Center for Retirement Research at Boston College found that over a quarter of U.S. households overestimate their ability to maintain their lifestyles in retirement, especially those with higher incomes.

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