Editor's Note:  This article should make all LEOFF 1 folks feel very fortunate.  It is important information to pass on to our kids while they still have time.

More than a quarter of U.S. workers said they are "not at all confident" about their ability to afford a comfortable retirement -- the highest percentage in decades, according to an annual survey conducted by the Employee Benefit Research Institute. 

More than half of workers surveyed had less than $25,000 in savings and investments, excluding their primary residence and any defined benefit pension plan.  Twenty-nine percent say they have less than $1,000 in savings.

Only 42 percent report they and/or their spouse have tried to calculate how much money they will need to have saved by the time they retire.   Seventy-four percent report they plan to work in retirement, three times the percentage of retirees who say they actually worked for pay in retirement (23 percent). 

Click here to view EBRI's Report. 

Click here to view a Bloomberg article about the report.