Research

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Transamerica Institute and its Center for Retirement Studies (TCRS) conduct extensive research about retirement security and the intersections of health and financial well-being. The research covers workers, employers, retirees, family caregivers, and the general population in the U.S. Additionally, TCRS collaborates on a global survey of workers and retirees in 15 countries. Below are links to our most recent reports.

 

Navigating the Pandemic: A Survey of U.S. Employers

June 2021

As the worst public health crisis in more than a century, the COVID-19 pandemic has upended the U.S. economy and everyday life. This research report examines the pandemic’s impact on employers, their response, and timely opportunities. Based on surveys of more than 1,900 employers conducted in late 2020, this research report includes an analysis by company size. 


The New Social Contract: Young adults reinventing life, work, and retirement

January 2021

"The New Social Contract: Young adults reinventing life, work, and retirement" report examines the perspectives, priorities, and preparations of workers in their twenties, a cohort straddling Millennials and Generation Z. The report is based on the 9th Annual Global Retirement Readiness Survey, which spans 15 countries and was conducted in early 2020 at the onset of the pandemic.

Retirement Security: A Compendium of Findings About U.S. Workers

December 2020

The Compendium examines the impact of the coronavirus pandemic and offers 25+ indicators of retirement readiness across employment status, urbanicities, LGBTQ status, level of educational attainment, generation, gender, and race/ethnicity. It also offers priorities for policymakers for improving retirement security for all Americans. This research report is based on a survey conducted in late 2019 and offers comparisons with a supplemental survey conducted in October 2020.

Pre-Pandemic: U.S. Employer Benefits and Business Practices

December 2020

Employers tremendously influence workers' ability to achieve a financially secure retirement. This research report quantifies retirement trends by company size and provides insights into employers' business practices and benefit offerings that enable workers to achieve a financially secure retirement. Based on surveys of employers and workers conducted in late 2019, before the onset of the coronavirus pandemic.

Women and Retirement: Risks and Realities Amid COVID-19

September 2020

This extensive report presents from finding from surveys conducted in late 2019, and June 2020, as part of our 20th Annual Transamerica Retirement Survey. Women continue to be at greater risk than men of not achieving a financially secure retirement. This report examines women’s finances before and during the pandemic, and their expectations about retirement, and includes comparisons with men. The report offers actionable recommendations for improving outcomes in women’s long-term retirement preparedness.

Retirees and Retirement Amid COVID-19

September 2020

Many retirees had a fragile financial picture before the pandemic, and are now even more vulnerable. While most retirees weren't working before the pandemic, and thus are better able to weather the storm, many would be unable to pay large out-of-pocket costs if they were hit with unexpected bills. This research report is based on a survey conducted in late 2019 and offers comparisons with a supplemental survey conducted in June 2020.

The New Social Contract: Age-Friendly Employers

June 2020

As the world enters a new decade, the COVID-19 pandemic is illuminating weaknesses in already fragile retirement systems. It has also emphasized the crucial role of employers in helping workers prepare financially for retirement. Now, more than ever before, a new social contract for retirement is urgently needed. “The New Social Contract: Age-Friendly Employers,” based on the 9th Annual Global Retirement Readiness Survey, explores the evolving nature of the employer-employee relationship and examines the vital role employers play in helping their employees achieve a financially secure retirement.

Retirement Security for Women Amid COVID-19

June 2020

This report presents findings from a short survey conducted in April 2020 and examines women’s retirement preparedness amid the coronavirus pandemic, with comparisons to men. This is the 15th year that TCRS has published research showing that women are at a greater risk of not achieving a financially secure retirement compared to men. TCRS aims to raise awareness of the retirement risks that women face and highlight opportunities where women can take greater control of their long-term financial security.

Left Behind: Health Care in Rural America

June 2020

Left Behind: Health Care in Rural America features findings from the 7th Annual Consumer Health Care Survey fielded in August 2019, and illuminates the existing health care disparities affecting rural communities, compared with their suburban and urban counterparts. With the onset of COVID-19, these disparities are further amplified, and this report offers actionable insights for residents, employers, and policy makers to help address the health inequities of rural America.

Retirement Security Amid COVID-19: The Outlook of Three Generations

May 2020

Workers across generations are at risk of not achieving a financially secure retirement — an issue of major concern long before the coronavirus pandemic. Now, the negative economic effects of the pandemic are further threatening retirement savings and security. The financial vulnerabilities among workers across all generations are becoming clear and TCRS offers suggestions for improving their retirement security. This research report is based on a survey conducted in late 2019 and offers comparisons with a supplemental survey conducted in April 2020. 

The New Social Contract: Achieving Retirement Equality for Women

February 2020

"The New Social Contract: Achieving Retirement Equality for Women" report highlights the gravity of these challenges and outlines five fundamentals for empowering women to improve their retirement outlook and recommendations for employers and governments globally to adopt a new social contract that reduces the gender retirement gap -- and ultimately, achieves a more equal future retirement landscape for all. The final section of this report provides snapshots of key findings between women and men across the 15 countries surveyed.

A Compendium of Findings About U.S. Workers

December 2019

The Compendium provides in-depth perspectives on retirement. This extensive report offers 30+ key indicators of retirement readiness, preparations and attitudes among workers by employment status (full-time, part-time), generation, gender, household income, level of education, and race/ethnicity.

Employer-Based Health Coverage Remains Strong but Affordability Is a Major Concern

December 2019

In September 2013, the inaugural national survey of the U.S. General Adult Population and of Employers regarding their respective attitudes toward healthcare. The goals for the survey were to illuminate emerging healthcare trends, promote awareness, and help educate the public. The 7th Annual survey conducted in 2019 reports on the perspectives of U.S. businesses on current and future healthcare offerings, potential policy changes coming out of Washington, D.C., the actions employees were taking related to healthcare, the affordability of health insurance, and perceptions of mental health in the workplace.

Nineteen Facts About Women and Retirement

November 2019

As part of its 19th Annual Transamerica Retirement Survey of Workers, TCRS examines women’s retirement preparedness. This is the 14th year that TCRS has published research showing that women are at a greater risk of not achieving a financially secure retirement compared to men. This study covers research of more than 3,000 women workers in the U.S. and provides insights to their retirement outlook. With this study, TCRS aims to raise awareness of the retirement risks that women face and highlight opportunities where women can take greater control of their long-term financial security.

Employers: The Retirement Security Challenge

October 2019

As part of its 19th Annual Retirement Survey, TCRS surveyed more than 1,800 employers of for-profit companies with five or more employees to examine their business practices and benefit offerings that enable people to work, save, and transition into retirement. 

Americans Settle in During Healthcare Uncertainty

October 2019

Six years after Health Insurance Exchanges were first launched as a result of the Affordable Care Act (ACA), Americans report they are largely satisfied with their healthcare options. Americans Settle in During Healthcare Uncertainty report comes as efforts to repeal and replace the ACA were made (largely unsuccessful) and regulatory changes to the ACA have occurred over recent years. As a result of these changes, consumers have varying degrees of awareness that possible health policy changes may impact their health coverage and healthcare in general.

The Self-Employed: Defying and Redefining Retirement

July 2019

Self-employed workers face unique opportunities and challenges for saving, planning, and preparing for retirement. This report offers valuable insights, based on the 19th Annual Transamerica Retirement Survey, to assist the retirement preparation process, such as the importance utilizing of tax-advantaged retirement savings opportunities, developing a written retirement strategy, and taking proactive steps to protect one’s ability to work.

The New Social Contract: Empowering Individuals in a Transitioning World

May 2019

Part of the 8th annual Aegon Retirement Readiness Survey, this 2019 global retirement research calls for a collective action for the modernization of retirement systems around the world in 15 countries. The new social contract presents a more holistic model to retirement planning that encourages empowering individuals toward good health and financial security. It contains country comparisons, detailed recommendations, and case studies on topics related to age-friendly communities, choice architecture, mental well-being, and healthy aging. 

Millennials: Digital Natives Disrupting Healthcare

May 2019

Millennials: Digital Natives Disrupting Healthcare, illuminates the pressures Millennials face that impact their healthcare decisions, their access to healthcare, their perception of the U.S. healthcare system, and their current state of health. White paper can be found here

What Is "Retirement"? Three Generations Prepare for Older Age

April 2019

Based on the 19th Annual Transamerica Retirement survey, this report explores three generations’ visions of aging and what “retirement” personally means to them; their financial preparations, steps toward safeguarding their long-term health and happiness, and work-life balance. It also also provides insights into the vital role of employers in helping workers prepare for older age, such as the value of offering workplace retirement benefits, employee education about the Saver's Credit and catch-up contributions, support for work-life balance and alternative work arrangements, among many other opportunities.

The Unique Retirement Challenges of Workers in Physically Demanding Jobs

March 2019

As part of the 2018 Aegon Retirement Readiness Survey, this report examines the retirement readiness of people who in physically demanding jobs. Due to the strenuous nature of their work, these workers are at risk of aging out of their occupation before they are financially or mentally ready for retirement. The report offers recommendations to help this unique segment of the workforce.