Retirement Confidence Declines Among Middle-Class Americans Over 50
A new survey by CNO Financial Group reveals that nearly one-third of middle-income Americans aged 50 to 85 are less confident about their retirement plans compared to a year ago. The decline is attributed to rising living costs, market volatility, and uncertainty about government programs. The findings highlight growing financial stress among this demographic as they approach retirement.
Topics: economic pressure healthcare costs middle-class financial stress retirement confidence retirement savings