US Business Owners Retirement Readiness
Maru Public Opinion released the results of the TD Wealth annual US Retirement Readiness Study today revealing that the confidence of Mass Affluent business owners measured a sizeable (13 percentage point) increase when asked about their confidence in their financial plans' ability to generate income needed during retirement (from 82% in 2020 to 95% in 2021). Even more so, high-net-worth business owners expressed confidence that their financial plans will be able to generate the income needed during retirement (97% in 2021 vs. 94% in 2020 and 95% in 2019).