Younger gen concerned about outliving money

Retirement concerns are keeping a younger group of Americans up at night, according to new research from the Pew Research Center in Washington, D.C.

Findings show that 53% of respondents between the ages of 36 and 40 say they are either “not too” or “not at all” confident that their income and assets will last through retirement.
In contrast, only 34% of those ages 60 to 64 express similar concerns. And only 27% of those 18 to 22 years old felt the same way.

These findings show a significant pattern shift from the 2009 survey. In 2009, those ages 51 to 55 were the most concerned that their money would not last through their retirement years. At that time, only 18% of those 36 to 40 years old were similarly worried.