Money matters are still keeping a lot of us up at night, but a new survey from Harris Interactive and Principal Financial Group also contained a few slivers of positive news. As reported by U.S. News & World Report, inflation is the top concern among retirees, keeping nearly 40 percent from getting a good night’s sleep. As for those who are still working, 44 percent are worried about being able to afford basic necessities. On a more upbeat note, 16 percent of workers now believe it’ll take less than two years to recoup their recession-related stock market losses, which is up from 11 percent in the second quarter of this year. And the percentage of workers who say their retirement account balance is now the same or higher than it was in January of 2008 has doubled from 9 percent last quarter to 18 percent.
One reader injected a bit of much needed humor into the U.S. News article by adding this online comment: “I’m retired and I guarantee you nothing keeps me awake at night. Staying awake after lunch can even be a problem.”
If you’d like to estimate how long it may take you to recover from investment losses, try this new calculator.