Submitted by Fox First at Ten on March 19th
By MARK JEWELLAP Personal Finance Writer
The economic recovery and the stock market's climb don't appear to be instilling confidence that workers are better prepared for retirement.
About half of workers have little or no confidence that they'll have a financially comfortable retirement. That's according to findings from a survey released Tuesday by the Employee Benefit Research Institute.
The nonprofit organization says its 23rd annual survey found that retirement confidence levels remain at the record lows set last year, despite the improvement in the economy and the stock market.
Twenty-eight percent of the survey participants questioned in January were not at all confident that they'll be able to afford a comfortable retirement. Another 21 percent were not too confident. About 13 percent were very confident, and 38 percent somewhat confident.
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