Americans Most Upbeat on Retirement in Almost Two Decades

(Bloomberg) -- Americans are looking forward to resting their bones. A University of Michigan index measuring whether they see a comfortable retirement -- compared with five years ago -- reached the highest level since December 2000 this month. Despite recent market fluctuations, years of gains in equities have boosted the value of household retirement accounts: The S&P 500 Index has more than doubled since the survey’s last high through Feb. 14, and more than quadrupled since its recession low in March 2009.

To contact the reporters on this story: Alex Tanzi in Washington at atanzi@bloomberg.net;Vince Golle in Washington at vgolle@bloomberg.net

To contact the editors responsible for this story: Sophie Caronello at scaronello@bloomberg.net, Nancy Moran

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