Metro region advances in new survey
Confidence in retirement plans soared in the past year among residents of the Sacramento-Stockton-Modesto metropolitan area, largely due to the improved housing market and economy, a new survey finds.
The Retirement Mindscape City Pulse index, which examines the 30 largest U.S. metro areas, says the Central Valley area ranks No. 7 overall, a huge jump from 2012, when the region ranked 18th.
The index is based on a survey commissioned by Ameriprise Financial Inc. and conducted online by Harris Interactive in June.
Sacramento-Stockton residents report strong retirement preparation and confidence levels, the survey found. Other highlights:
» Fifty-four percent of respondents report adding to retirement savings, the most in four years and higher than the national average of 48 percent.