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According to the 2007 EBRI Retirement Confidence Survey, "fewer than 1 in 10 workers say they are very confident that the Social Security system will continue to provide benefits of at least equal value to the benefits received by retirees today (7 percent), and one-quarter are somewhat confident (24 percent). At the same time, two-thirds are not too (34 percent) or not at all (34 percent) confident that future Social Security benefits will match or exceed the value of today's benefits." (p. 22)
Helman, R., VanDerhei, J., & Copeland, C. (2007). The retirement system in transition: The 2007 retirement confidence survey (Issue Brief No. 304). Washington, DC: Employee Benefits Research Institute. Retrieved December 8, 2007 from http://www.ebri.org/pdf/briefspdf/EBRI_IB_04a-20075.pdf
These findings are part of the 17th annual Retirement Confidence Survey (RCS), a survey that gauges the views and attitudes of working-age and retired Americans regarding retirement, their preparations for retirement, their confidence with regard to various aspects of retirement, and related issues. The survey was conducted in January 2007 through 21-minute telephone interviews with 1,252 individuals (1,001 workers and 251 retirees) age 25 and older in the United States.
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Email: age.work@bc.edu - Phone: 617.552.9195 - Fax: 617.552.9202
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