White Papers and Fact Sheets

23rd Women's Retirement Outlook Fact Sheet 2023
22 Facts About Women's Retirement Outlook... and 12 Steps to Improve It

This fact sheet highlights 23 retirement-related risks and 12 recommendations to improve women's retirement outlook. It sheds insights how women workers are juggling competing priorities across personal finances and health, caregiving responsibilities, and longevity strategies, based on the 23rd Annual Transamerica Retirement Survey.

22nd Women's Retirement Security Fact Sheet 2021
22 Facts About Women's Retirement Outlook... and 12 Steps to Improve It

For Women's History Month in 2023, TCRS spotlights retirement-related risks that are undermining women's financial futures. Many women feel they do not have enough income to save for retirement, served as caregivers during their working careers, expect to retire at age 70+ or do not plan to retire, and have low retirement confidence – and the pandemic intensified these vulnerabilities. This fact sheet part of the 22nd Annual Transamerica Retirement Survey, spotlights 22 facts on women's risky retirement outlook and 12 steps for improving it right now. 

Women Retirement Security Fact Sheet
21 Facts About Women's Retirement Outlook... and 11 Steps to Improve It

Despite the progress women have made in education and the workplace, they continue to be at greater risk than men of not achieving a financially secure retirement. Women, on average, earn less than men. They are also more likely to work part-time and to take time out of the workforce for parenting or caregiving, which can negatively impact their long-term finances. Statistically, women tend to live longer than men, which implies an even greater need to save. This fact sheet, part of the 21st Annual Transamerica Retirement Survey, illustrates the risks women face and action steps they can take to address them.

Retirement Security - A Compendium of Findings - Factsheet

The Pandemic's Impact on Workers' Finances Has Long-Term Repercussions for Retirement Security

Workers’ confidence in their ability to retire comfortably has declined in light of the coronavirus pandemic. As a part of the 20th Annual Transamerica Retirement Survey, this white paper highlights workers’ vulnerabilities, attitudes about retirement, the impact of the pandemic on their employment and finances, and outlines priorities for policymakers.
Women Retirement Amid COVID19 Fact Sheet
Twenty Facts About Women's Retirement Outlook... and 11 Steps to Improve It

This fact sheet highlights 20 retirement risks and 11 areas of opportunity for women to improve their retirement outlook. It sheds light on specific areas of concern for women based on findings from before and during the coronavirus pandemic. Because many are experiencing negative employment impacts due to the coronavirus and recession, this fact sheet provides several steps to take to ensure a positive retirement outlook and future. 
Women and Retirement Fact Sheet
Nineteen Facts About Women's Retirement Outlook... and 10 Steps to Improve It

This fact sheet highlights 19 retirement risks and 10 areas of opportunity for women to improve their retirement outlook. It sheds light on specific areas of concern for women, such as a lack of retirement confidence, taking time out of the workforce for parenting or caregiving, plans to continue working in retirement, not enough steps being taken to maintain good health, and low retirement savings.
Jubilación de las mujeres - hoja de datos
Diecinueve datos sobre las perspectivas de jubilación de la mujer... y diez pasos para mejorarlos

Existen muchos obstáculos en el camino de una mujer para conseguir una jubilación segura, como por ejemplo: un salario más bajo y la ausencia del trabajo para cuidar a los hijos o a los padres de edad avanzada, lo que puede afectar negativamente su situación financiera a largo plazo. Según las estadísticas, las mujeres tienen una mayor esperanza de vida que los hombres, por lo que tienen una mayor necesidad de ahorrar y planificar. Estos 19 datos tienen como objetivo aumentar la conciencia de los riesgos que enfrenta la mujer y destacar las oportunidades para mejorar sus perspectivas de jubilación.
Retiree Reflections: Seven Ways Employers Can Do More to Help Workers Prepare for Retirement
By Catherine Collinson

Many retirees are financially vulnerable, with only 18 percent very confident that they can maintain a comfortable lifestyle throughout retirement. Offering an employer-sponsored retirement plan is one of the most effective ways employers can help workers save for retirement. Additionally, employers should consider offering a variety of benefits to promote long- and short-term financial security and being an “age - friendly” employer. In this white paper, author Catherine Collinson discusses the challenges faced by retirees and seven ways employers can help current employees.

Eighteen Facts About Women's Retirement Outlook... and Nine Steps to Improve It

TCRS, in celebration of national Women's History Month and International Women's Day, shares 18 facts about women's retirement readiness outlook, and offers 9 steps to help women improve their retirement outlook. By Catherine Collinson

Retirement Throughout the Ages: An Examination of Expectations and Preparations Among American Workers
Workers of all ages share similar visions of retirement including dreams, fears and expectations of working. Yet they also face specific opportunities and challenges based on their age and time horizon to save, plan and prepare for retirement.

This white paper, part of the 16th Annual Transamerica Retirement Survey, examines workers by age range and provides insights into their retirement readiness, as well as their attitudes about retirement and offers suggestions for improvements.
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DCIIA Plan Sponsor Survey 2014: Focus on Automatic Plan Features
DCIIA research findings show that using automatic enrollment and automatic contribution escalation increases retirement plan participation rates as well as retirement savings rates. Catherine Collinson, president of Transamerica Center for Retirement Studies, is one of whitepaper’s authors.
The Retirement Readiness Challenge: Five Ways Employers Can Improve Their 401(k)s 
The survey identified five ways in which employers, with assistance from their retirement plan advisors and providers, can improve their 401(k)s. Plan sponsors are encouraged to consider these enhancements to their plans
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Behavioral finance and pension decisions
by Lampros Romanos 
in conjunction with Erasmus University Rotterdam and Transamerica Center for Retirement Studies

An extensive literature review and a focused analysis on how framing effects, financial literacy, self-control and loss aversion affect pension decisions

The retirement landscape is rapidly changing with pension savings shifting to Defined Contribution plans. This means that individuals are increasingly confronted with more responsibilities to make decisions about their retirement savings. This paper examines the impact of framing effects, financial literacy, self-control and loss aversion on those decisions. It finds strong framing and anchoring effects on the match threshold of a matching contribution feature within 401 (k) or similar plans. Moreover, the findings of this paper suggest that financial literacy cannot significantly mitigate these framing effects. Lastly, this paper shows that commitment devices such as having multiple savings accounts can significantly increase ‘out of work’ savings for retirement.
Baby Boomers Are Revolutionizing Retirement: Are Their Employers Ready, Willing and Able to Accommodate?

Baby Boomers were born to be wild and their retirement promises to be even wilder. They are forging a new model of retirement that is a radical departure from that of previous generations. In doing so, Baby Boomers are overturning long-standing assumptions about retiring at age 65, calling for dramatic changes in current employment practices, and proving that retirement and working are not mutually exclusive.

This white paper examines the retirement vision among Baby Boomer workers (born between 1946 and 1964) and the level of involvement among employers to facilitate their transitioning into retirement. It offers seven suggestions for employers to help them prepare their employees to be retirement ready.
Generation X Workers: 15 Alarming Facts About Retirement Readiness and 7 Steps for Improving It Fact Sheet
TCRS is continuing to spotlight research on the retirement readiness of different generations and highlights 15 facts about Gen Xers and offers 7 steps to help them improve their retirement outlook.
15 Facts About Millennials' Retirement Readiness ... And 7 Steps for Long-Term Success
Based on the findings from the 15th Annual Transamerica Retirement Survey of Workers, this fact sheet provides 15 facts about Millennials and their retirement readiness, as well as providing 7 steps to help them succeed in their retirement planning.
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Three Unique Generations with Very Different Retirements Ahead of Them: Baby Boomers, Generation X, and Millennials
Based on the findings from the 15th Annual Transamerica Retirement Survey of Workers, this white paper explores the retirement readiness of three generations and how they are recovering from the Great Recession.
Unlocking Secrets of Retirement Readiness: Meet the Everyday People Who Are 'Power Planners'
Based on the findings for the 14th Annual Transamerica Survey of workers, this white paper examines the current state of retirement confidence among American workers and five segments who are on the road to retirement readiness – ‘Power Planners’ – in order to illuminate their savings and planning habits and inspire others.
Emerging from the Economic Storm: Retirement Plans in the United States, 2007-2012
This report evaluates how American workers and company-sponsored retirement plans have fared during these five difficult years of recession, and brings to light opportunities to improve the current retirement system.
The "Perfect" 401(k) Plan: An Actionable Strategy Informed by Research and Focused on Results
A “perfect” 401(k) plan helps ensure that workers are participating, contributing and managing investments wisely in order to adequately fund their future retirement and that workers have a strategy for saving, investing and transitioning into retirement.  This white paper highlights survey data and provides ideas that plan sponsors, financial advisors and retirement plan providers can put into action to help improve 401(k) retirement plans.