Americans Most Upbeat on Retirement in Almost 2 Decades: Chart

Chart February 19, 2019 at 10:47 AM
Share & Print

Retirement confidence. Source: Bloomberg

Americans are looking forward to resting their bones. A University of Michigan index measuring whether they see a comfortable retirement — compared with five years ago — reached the highest level since December 2000 this month. Despite recent market fluctuations, years of gains in equities have boosted the value of household retirement accounts: The S&P 500 Index has more than doubled since the survey's last high through Feb. 14, and more than quadrupled since its recession low in March 2009.

Copyright 2021 Bloomberg. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.