E852: Survey shows public employees worried they won’t have enough money to last in retirement

What this episode covers

[Mission Square] Survey reveals the majority of public employees worry they won’t have enough money to last in retirement. Often one assumes that public employees will retire with a hefty pension- one that would likely exceed those retiring from the private sector. One survey shows we may need to rethink that assumption. A new national survey of public service employees from MissionSquare Research Institute reveals the vast majority of public employees (81%) are concerned they won’t have enough money to last throughout their retirement years. [Listen for Details] Other Stories: [The Financial Post] Baby boomers and Gen X are taking on more mortgage debt. [Fox Money] Retirees with student loan debt risk Social Security garnishments.

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