America's retirees are stressed about inflation, with 68% fearing they might outlive their money.
A third of retirees worry that financial stress could affect their overall health due to sleep lossSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily.
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The survey showed inflation is "taking a toll" on retirees, with 89% worrying about it eroding their assets and 68% fearing they might outlive their money.
The Schroders survey also shows that one-third of retirees worry that financial stress could affect their overall health, with 26% experiencing sleep loss due to concerns about their finances.
Persons:
—, Schroders, Deb Boyden
Organizations:
Service, Federal Reserve