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Buicks and BluBlockers Don't Come Cheap
May 08th 02:06:17 PM

Gallup Poll News Service announced the results of its annual personal finance survey yesterday, and "not having enough money for retirement" ranked as the top concern for adults.  Fifty-six percent of  respondents said that they are either "very worried" or "moderately worried" about retirement security.

Total
Worried

Total
Not Worried

%

%

Not having enough money for retirement

56

42

Not being able to pay medical costs of a serious illness/accident

49

50

Not being able to maintain the standard of living you enjoy

41

58

Not being able to pay medical costs for normal healthcare

36

61

Not having enough money to pay for your children's college

34

26

Not having enough to pay your normal monthly bills

33

66

Not being able to pay your rent, mortgage, or other housing costs

26

69

Not being able to make the minimum payments on your credit cards

18

64

Oddly, 3 percent of the survey population said that "not having enough money for retirement" does not apply to them (rounding makes the percentages not equal 100).  Are these the hard-core supporters of Chris Buckley's Boomsday who will "voluntarily transition" to a more peaceful place in order to reduce the burden of Social Security? 

Probably not, though I'd be interested in talking with them if they are.  Gallup may therefore want to consider moving this 3 percent into the "very worried" section, simply because these people ought to be very worried if they think retirement security doesn't apply to them. 



Posted by Ryan Lynch
 

 

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