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Economic Report:

As the recession continues U.S. workers are losing faith in the prospect of a comfortable retirement. A new study from the Employee Benefit Research Institute found that only thirteen percent of workers believe that they will have enough saved for retirement. The report cited an increase in health care costs, the devaluation of many retirement plans and poor planning. Forty-four percent of those polled have guessed how much they will need to retire instead of actually calculating retirement needs.