But for retirement savers and retirees alike, there's one worry that stands out above the rest — the possibility they may outlive their assets, according to new research from research and consulting firm Cerulli Associates. More than half of retirees — 54% — rely on Social Security as their primary source of income. Of those respondents, 20% have no other source of income, Cerulli's first-quarter survey of 1,500 401(k) plan participants found. For workers and retirees, there is no silver bullet answer to fix their retirement worries. Yet many older workers ages 50 through 70 face difficult working conditions, recent research from the Economic Policy Institute found.

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Persons: Cerulli's, David Kennedy Organizations: Cerulli Associates, Social Security, Finance, GOP, Economic Policy Institute