Transamerica Institute

Retirement Throughout the Ages: Expectations and Preparations of American Workers

The 16th Annual Transamerica Retirement Survey finds American workers are continuing to recover from the Great Recession  and its aftereffects. While the economy is recovering, the U.S. retirement landscape is also continuing to evolve, with increases in life expectancies, the need for Social Security reform, and an even greater need for individuals and families to plan and save for their future financial security. Most workers are rising to the challenge by savings, but are they saving enough? Are they properly planning?

Workers of all ages face opportunities and challenges for improving their retirement outlook. As we progress through our working lives, our circumstances change over time with age. While workers in their twenties are embarking on their careers with decades to plan and save, retirement for workers in their fifties and sixties is much closer on the horizon, with many needing to shore up the size of their nest eggs. 

This study examines workers in their twenties, thirties, forties, fifties, and sixties and older to compare and contrast their retirement preparations and shed light on how they can navigate the future and improve their retirement outlook.

Downloadable Materials:

Research report
White paper
Press release - May 5, 2015
Infographic - Retirement by age range
Infographic - Retirement of Twentysomethings
Infographic - Retirement of Thirtysomethings
Infographic - Retirement of Fortysomethings
Infographic - Retirement of Fiftysomethings
Infographic - Retirement of Sixtysomethings