A Compendium of Demographic Influences on Retirement Security

Millions of Americans are ill-prepared for retirement as they navigate the pandemic’s aftermath, soaring inflation, economic uncertainty, and concerns about Social Security. Enhancing retirement security requires recognizing demographic disparities, bridging inequalities, and implementing solutions so that everyone can retire with dignity.

A Compendium of Demographic Influences on Retirement Security offers demographic insights about the U.S. general population, household income (less than $50K, $50K to $99K, $100K to $199K, and $200K+), urbanicity (urban, suburban, rural residents), race and ethnicity (White, Hispanic, Black/African American, and Asian American/Pacific Islander), gender, and LGBTQ+ status.

The report examines more than 25 indicators of retirement readiness stemming from financial factors – access to employer-sponsored retirement benefits, household retirement savings, emergency savings, and sources of retirement income – to attitudinal and behavioral factors – retirement confidence and fears, outlook on life, retirement investing knowledge, and concerns about the future of Social Security. 

As part of the 23rd Annual Retirement Survey, the report is based on a survey of more than 10,000 respondents conducted in late 2022.