4% of current retirees say they are ‘living the dream,’ survey finds [Video]

Just 4% of today’s retirees said they are “living the dream,” according to a new survey from asset management company Schroders.

And just as many — 4% — said they are “living the nightmare.”

Most of the respondents fall somewhere in between — 44% said they are comfortable; 34% said they are not great, but not bad; and 15% said they are struggling, according to the rounded results.

“The real picture of retirement is far from the dreams Americans had hoped and worked so hard for,” said Deb Boyden, head of U.S. defined contribution at Schroders.

The survey, conducted in March and April, included 2,000 adults, with almost 500 retirees. The results come as inflation is still higher than usual and rising prices have made it more challenging for retirees to make their money last.

The top concern, cited by 89% of respondents, is inflation lessening the value of their …