Key findings by the numbers
Savings shortfall
59% think they should be saving more for retirement – a well-placed concern given that 63% of retirees WISH they had saved more for retirement. 96% of participants who were defaulted into their plans and 97% who had their contributions automatically escalated report being satisfied.
Make it easy
Most want retirement decision-making made simpler, and younger generations increasingly expect their plans to provide it. Seven in 10 (73%) participants wish they could “push an easy button” and fully delegate their retirement planning and investing, up from 55% ten years ago in 2016.
Income on the rise
76% are concerned about creating a steady income stream in retirement. Only 35% think Social Security will be sufficient to cover routine monthly expenses. 91% would be interested in an in-plan retirement income solution.
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