Local Paper Front Page–Retirement worries grow; 30-somethings most uneasy

Americans in their late 30s are now the group most likely to doubt they will be financially secure after retirement, a major shift from three years ago when baby boomers nearing retirement age expressed the greatest worry.

The survey findings by the Pew Research Center, released Monday, reflect the impact of a weak economic recovery beginning in 2009 that has shown stock market gains while housing values remain decimated….

“My biggest fear is not being able to retire,” [37 year old Nicole] Gilliard said as she came out of the courthouse on Meeting Street after work Monday. “I have a 5-year-old, and my biggest fear is that I’m going to have to keep working to put her through school.”

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Posted in * Culture-Watch, * Economics, Politics, Economy, Pensions, Personal Finance, Psychology, Social Security, The Credit Freeze Crisis of Fall 2008/The Recession of 2007--, The U.S. Government