THOUSANDS of people fear they will not have enough to live on when they retire.
These people do not have a private pension and are worried they will not have sufficient income when they give up work.
Around eight out of 10 of those who do not have a private retirement fund are concerned they will have too little income when they retire.
Calculations based on the survey found that around 830,000 workers will be relying on the State pension in their retirement.
This is despite the State pension being relatively generous, at around €230 a week for those who have made full pay-related social insurance (PRSI) payments.
The research found that four out of 10 households have no private pension cover.
But there was strong support for Government plans to introduce private pensions for those who are not a member of a scheme.
The Government is planning an auto-enrolment scheme for those who have no provision for retirement in place.
But it has yet to decide when this will be introduced.
The survey - commissioned by pension provider Friends First and carried out by market research company Behaviour & Attitudes - found that 77pc of adults believe an auto-enrolment scheme is a good idea.
And the research found that having a better understanding of how pensions work would persuade more people to sign up for one.
Director of pensions and investments at Friends First Simon Hoffman said there had been no major increase in the amount of money going into pension funds, despite the upturn in the economy.
"This means that a significant portion of the Irish population are relying on the State pension and a large number of these are fearful of not having enough income in retirement."
He added that private pension coverage was alarmingly low, particularly among women and those under 35 years of age.
Some six out of 10 women surveyed do not have a pension, compared with 45pc of men.
Mr Hoffman said there was a need to educate people on the benefits of saving for life after work.
A majority of people who have no private pension said they could not afford one.
But around a third of people said the reason they did not have one is because they did not get around to it. This is particularly the case among those between the ages of 25 to 35.
It comes as separate research shows that younger people in this country are struggling to make ends meet.
It found that 41pc of those under the age of 24 have no money left after paying bills each month.
The situation is so bad that many are considering moving to another country, the research from credit management company Intrum Justitia found.