Survey highlights consumer worries
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From Times Staff and Wire Reports
The faltering economy, sliding home prices and rising healthcare costs are making more consumers worry that they won’t be able to save enough for a comfortable retirement, a survey indicates.
An annual survey by the Employee Benefit Research Institute showed the least worker confidence in seven years with just 61% of those surveyed saying they were very confident or somewhat confident of having enough money for retirement.
That was down from 70% in 2007.
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