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More than four out of five people (82 percent) are worried about their financial situation after retirement and almost nine in ten people (89 percent) say it is important for them to start saving now, according to a this global Accenture survey of more than 8,000 people from 15 countries.
The survey also reveals that more than half (53 percent) of the respondents believe they lack the necessary information to prepare for retirement and the financial capacity (57 percent of respondents) to invest in private pension.
Highlights of geographical differences
Compared to the global average of 82 percent, Britons, Germans, Australians and Americans are the most optimistic with 65 percent, 66 percent, 69 percent and 70 percent of respondents respectively who say they are worried about their financial situation after retirement. South Koreans (95 percent), Mexicans (92 percent), Russians (92 percent) and Spanish (91 percent) are the most pessimistic.