Will Americans ever become savers? The 14th Retirement Confidence Survey, 2004.

This paper reports on the findings from the 14th annual Retirement Confidence Survey (RCS), a comprehensive study of the attitudes and behaviors of American workers and retirees toward saving, retirement planning, and long-term financial security. The 2004 RCS interviewed 1,002 individuals (783 workers and 219 retirees) age 25 and older in the United States and found that key attitudes and behavior patterns about retirement have barely changed over the past few years. The RCS was first released in 1991 and is unique in its long-term ability to track public attitudes about saving and retirement.