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Savers Worry They Will Outlive Retirement Nest Egg

(Cont...)

Sentiment toward retirement varies geographically. Compared with the global average of 82%, Britons, Germans, Australians and Americans are the most optimistic, with 65%, 66%, 69% and 70% of respondents, respectively, who say they are worried about their financial situation after retirement. South Koreans (95%), Mexicans (92%), Russians (92%) and Spanish (91%) are the most pessimistic.

Indians, Chinese and Americans are the most confident about their current level of savings with 39%, 28%, 21%, respectively, believing that they are sufficiently saving for retirement, compared with the global average of 16%. Russians (4%), Japanese (5%) and South Koreans (8%) are the least confident.

Accenture commissioned the survey, which polled, by phone, 8,112 individuals between ages 25 and 60 in 15 countries in March.

Jay Polansky
editors@plansponsor.com

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