Saving in retirement accounts leads to financial confidence

The Retirement Confidence Survey tracks the perceptions of 1,000 workers 25 years and older in the United States. Compared to perceptions in 2013, the proportion of people who are very confident in having enough money for a comfortable retirement increased to 18% (an increase of five percentage points) and 37% are somewhat confident of sufficient funds. Not surprisingly, confidence is most prevalent among people with high household incomes. However, confidence also was expressed by people who contributed to a retirement savings plan.