Wednesday, April 20, 2011

Poll: New Yorkers not saving, just hoping

The majority of New Yorkers who are not retired haven't invested heavily in their retirement savings over the past six months, fear Social Security will be gone by the time they retire and think saving enough money for retirement will be a problem, according to a Siena Research Institute Poll. However, they are not worried about maintaining their current standard of living when they stop working.

The poll, the first Special New York State Financial Planning Survey (PDF), released Monday asked 811 New Yorkers (511 not retired, 300 retired) about their current finances and tax filings, savings and retirement.

Read more HERE.

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