Few Nevadans like their retirement prospects
By Jason Hildago, Reno Gazette-Journal
At 70 years old, Dee Goodman has clocked in decades as a member of the American workforce.
Ask the small business owner about retirement, however, and she just shakes her head. As the owner of Old West Barber in Reno, Goodman says she still loves doing her job. For many of the folks who sit in her barber chair and share their stories, however, retirement is easier said than done.
“Used to be, my financial man told me to put away 10 percent of my income to be able to live the way I want to live when I retired,” Goodman said. “People just don’t have that kind of money to put away.”
That sentiment was echoed by a majority of Nevadans surveyed in a new Wells Fargo/USA Today poll, which found 51 percent of respondents doubted they’d have enough income for an ideal retirement. In contrast, just 38 percent said they had confidence.