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According to a recently available global study by AXA Equitable, American workers are comfortable, but not well-informed, about their economic outlook in retirement. For instance, 60 percent of individuals think their retirement income will be sufficient, but just one in five truly knows what that income will be.

Individuals' confidence can come from watching their parents stay well in retirement:

an an average of, U.S. retirees obtain $4,243 in net monthly income (including Social Security, individual assets, organization pensions and savings, etc. ); however, the median (middle position) net monthly income is merely $463.

a 98 % of U.S. retirees are confident with their living standard, declaring they curently have everything they need.

However, with pensions and Social Security falling out of favor (about 9 in 10 think the Social Security system is in some trouble or disaster), workers are getting a wake-up call for retirement planning. In fact, around 65 percent of workers realize they'll have to depend on their very own savings to obtain them through retirement.

Of respondents global, Americans will be the least more likely to count on government-managed retirement savings programs or even to support the government accountable for providing retirement income.

"Not only are Americans on their own for retirement money, they are also living longer and recognizing that they may need resources to last them for over 30 years after they retire," said Ken Gelman, AXA's manager of general market trends. "As a result, they're using pension savings very seriously by beginning early and consulting respected financial advisors."

As a result of sound advice, Americans have the ability to create diversified retirement portfolios.

When asked how pension income has been secured, about two-thirds of respondents-working and retired-cited several kinds of assets, including IRAs, 401( k )s, investment funds and company pensions.

Nevertheless, Americans are now being cautious with the funds which should last a very long time. Investments are favored by seventy-eight percent of workers with a moderate ROI and number financial risk. Nevertheless, Americans lead the study in financial risk-taking.

The Retirement Scope survey was conducted by AXA, a leader in money management and economic advice. More than 6,900 working and retired people in 11 countries were surveyed. small blue arrow