Financial experts say recent economy doesn't have to ruin your pending retirement.
A number of surveys have found workers aren't very optimistic about life after they stop working,
but some financial experts think that may be a good thing.
A recent survey by the Employee Benefit Research Institute found Americans generally pessimistic about what life's going to be like after work.
"27% are not at all confident that they're going to have the adequate financial resources for a comfortable retirement," says the EBRI's Jack VanDerhei.
That's why financial experts are preaching now about the virtue of planning for later.
"When you're looking at your planned spending in retirement, overestimate what you'll actually need," advises Morningstar's Christine Benz.
They say one critical step is the first one, saving early and on a consistent basis.
"Over a working career, we'd recommend people save on average between 11 and 15% of their income," says Principal Financial Group vice president Greg Burrows.
All the gloomy reports about retirement could end up with a glowing consequence.
"What we're hoping what that will translate into then is increased retirement savings in future years," says VanDerhei.
They say the fact confidence went down indicates americans are waking up to the real costs of retirement.