Wednesday, November 13, 2024 | Baltimore, MD
Baltimore, MD
50°
Fair
FOLLOW US:

Is financial stress hurting retirement savings? 4 in 10 workers with a 401(k) don’t contribute, CNBC survey finds

September 7, 2023

Most Americans will have to rely on their savings to fund their retirement, but financial stress makes it hard for many workers to save. A new CNBC Your Money Survey conducted by SurveyMonkey found that 74% of Americans are feeling financially stressed, up from 70% in an April survey. About 37% of respondents indicated that they are “very stressed” about their personal finances, compared to only 30% in April.

Article Source: CNBC

The Morning Rundown

We’re staying up to the minute on the issues shaping the future. Join us on the newsletter of choice for Maryland politicos and business leaders. It’s always free to join and never a hassle to leave. See you on the inside.