Enough Money for Retirement? Even Rich Say No
By Christina Cheddar Berk, CNBC News Editor
NEW YORK (CNBC) -- Fears that retirement will lead to a drop in one's standard of living due to insufficient savings isn't a concern restricted to the middle class, according to the findings of recent survey.
Four in ten affluent Americans say their biggest fear about retirement is they "will do all the right things today and it still won't be enough for tomorrow" and 9% say they fear they have under saved and won't recover, according to a poll of 801 affluent Americans conducted by Harris Interactive for Wells Fargo Retirement.
"I think we just assumed they would be in a better place for retirement," said Karen Wimbish, director of Retail Retirement at Wells Fargo.
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