While about 16% of workers say they're confident they'll have enough saved for retirement -- a 3 percentage-point increase from 2009 -- many may be counting on the fact they plan to work past age 65, shows research from the Employee Benefit Research Institute. "It's very risky to assume you'll have a job at 65, 66 or 67," says Jack VanDerhei, EBRI research director. "If you have a job, it's much better to bite the bullet and save more for retirement now."

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