Running out of money is a top concern for many Americans – especially those who work in the gig economy and may not have access to a retirement plan at their jobs. More than half of nontraditional workers – 54.5% – say they’re worried they won’t have enough money in retirement, and another 47.7% said they’re not confident they’ll have a comfortable retirement, according to a recent Pew Charitable Trusts survey of 1,000 people.
Nontraditional workers include those who are in the gig economy, such as ridesharing or delivery services, as well as temporary help agency work, sole proprietorships, day and seasonable labor, Pew said. There’s no clear figure for how much of the workforce is composed of nontraditional workers, Pew said – estimates range from just 3.8% to more than 40%, depending on different data sets and definitions.
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