GITNUXREPORT 2025

Retirement Industry Statistics

Global retirement market exceeds $23 trillion; many Americans lack sufficient savings.

Jannik Linder

Co-Founder of Gitnux, specialized in content and tech since 2016.

First published: April 29, 2025

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Statistic 1

The average American has less than $50,000 saved for retirement

Statistic 2

Approximately 60% of Americans are extremely or somewhat concerned about their retirement savings

Statistic 3

The median retirement savings for households nearing retirement (ages 55-64) is approximately $200,000

Statistic 4

The average 401(k) balance in the U.S. was approximately $106,000 in 2022

Statistic 5

Nearly 40% of Americans have less than $1,000 in savings, which impacts their retirement readiness

Statistic 6

The average personal savings rate in the US was around 7% in 2022, down from 8.2% in 2021, impacting retirement preparedness

Statistic 7

The percentage of Americans aged 50 and above with no retirement savings is approximately 25%, emphasizing the retirement savings gap

Statistic 8

The number of traditional pension plans in the U.S. has decreased by nearly 80% since the 1980s

Statistic 9

The global annuities market is projected to reach $2.3 trillion by 2028, expanding at a CAGR of 6.2%

Statistic 10

The number of Americans working past age 65 increased by 26% between 2000 and 2020

Statistic 11

The global retirement fund assets are forecasted to grow at a CAGR of approximately 5.4% from 2023 to 2028

Statistic 12

The average length of retirement is projected to be 20-30 years depending on demographics and health

Statistic 13

The global longevity risk market, which insurers and pension funds use to hedge against longer life spans, is expected to reach $1.5 trillion by 2027

Statistic 14

The retirement industry is increasingly adopting ESG (Environmental, Social, Governance) investment criteria, now representing over 40% of all new fund inflows

Statistic 15

The adoption of robo-advisors for retirement planning has increased by over 150% from 2018 to 2022, reflecting technological shifts in the industry

Statistic 16

The global private pension assets are expected to reach $24 trillion by 2027, growing at a CAGR of 5.1%, indicating increased pension fund investments worldwide

Statistic 17

About 55% of Americans over age 65 continue to work part-time after retirement, either for income or personal fulfillment

Statistic 18

The global market for retirement planning software is projected to reach $2.5 billion by 2026, reflecting increasing digitization

Statistic 19

The number of seniors aged 65+ living alone in the U.S. is projected to reach 25 million by 2030, highlighting demographic shifts impacting retirement planning

Statistic 20

The percentage of retirement age Americans using hybrid retirement income strategies (combining pensions, savings, part-time work) is rising, now accounting for over 60%

Statistic 21

The global demographic shift towards older populations will increase retirement needs by $10 trillion annually worldwide by 2030

Statistic 22

The adoption of sustainable and ESG investing strategies in the retirement industry increased by 35% in 2022, reflecting ethical investing trends

Statistic 23

The number of retirees using longevity insurance products such as deferred income annuities is growing, with an estimated market value of over $20 billion in 2023

Statistic 24

The use of blockchain technology for pension contribution tracking and management is emerging, with over 10% of industry firms exploring implementation as of 2023

Statistic 25

The global retirement market is projected to grow at a CAGR of 7.2% through 2030, driven by aging populations and increased pension coverage

Statistic 26

The emergence of hybrid retirement plans combining defined benefit and defined contribution features is on the rise, now represented in approximately 35% of new retirement plans

Statistic 27

The number of cohort-based retirement savings programs in companies increased by 50% between 2019 and 2023, illustrating industry innovation

Statistic 28

The percentage of Americans with access to flexible retirement options, such as phased retirement, has risen to 65%, supporting gradual transition into retirement

Statistic 29

The median age of first-time homebuyers entering retirement has increased to 36 years, affecting retirement savings and housing strategies

Statistic 30

The global market for longevity risk transfer products, including insurance and securities, is projected to reach $1.8 trillion by 2025, reflecting increased demand for risk management solutions

Statistic 31

The trend toward sustainable retirement investments is expected to grow, with ESG funds accounting for over 50% of global retirement assets by 2030

Statistic 32

The total assets managed by global social impact (ESG) funds reached approximately $2.3 trillion in 2022, reflecting growth in sustainable investment interests

Statistic 33

The growth of health savings account (HSA) contributions for retirement healthcare expenses is increasing by approximately 12% annually, supporting retirement health planning

Statistic 34

The market share of digital retirement planning platforms is expected to reach 35% by 2025, driven by increasing consumer adoption of fintech solutions

Statistic 35

The global retirement market is forecasted to grow by $12 trillion by 2030, driven by demographic shifts and regulatory changes

Statistic 36

The average Social Security retirement benefit for 2023 is approximately $1,827 per month

Statistic 37

Approximately 80% of Americans age 55 and older have less than $100,000 in retirement savings

Statistic 38

The median annual retirement income for American households is approximately $47,000

Statistic 39

Nearly 70% of Americans retire with less than $100,000 in savings, significantly impacting their retirement security

Statistic 40

The average age of retirement in the U.S. has increased to 62.3 years, up from 59 in the 1980s, reflecting financial necessity

Statistic 41

The average annual expenditure for retirees on health care is approximately $6,000, which can significantly impact retirement savings

Statistic 42

The average debt for retirees is around $60,000, including mortgage and credit card debt, which can strain retirement income

Statistic 43

The percentage of retirees relying on part-time work has increased by 10% over the last decade, illustrating financial necessity

Statistic 44

The average payout period for a traditional pension is approximately 15 years, though it may vary based on individual life expectancy

Statistic 45

The percentage of retirees who report high levels of financial stress is about 35%, influenced by inadequate savings and market volatility

Statistic 46

The percentage of retirees experiencing poverty is around 9%, with a significant portion being women or minorities

Statistic 47

The U.S. government's Public Service Loan Forgiveness program benefits about 10,000 retirees annually, easing education debt burdens

Statistic 48

The average spend on leisure and travel in retirement per person is about $6,500 annually, impacting overall retirement budgets

Statistic 49

The percentage of retirees relying heavily on family support, such as children or relatives, is estimated at 20%, influencing retirement stability

Statistic 50

The lifetime income from a $100,000 retirement annuity at age 65 is approximately $6,500 annually, adjusted for inflation

Statistic 51

The impact of inflation on retirement savings is significant, with a 2% annual inflation rate eroding roughly 20% of dollar value over 10 years, highlighting the importance of inflation hedging

Statistic 52

The proportion of retirees experiencing financial hardship due to healthcare costs is around 20%, underscoring the importance of health-related savings

Statistic 53

The global retirement market was valued at approximately $23 trillion in 2022

Statistic 54

The percentage of workers participating in employer-sponsored retirement plans in the U.S. was 66% in 2021

Statistic 55

The retirement industry’s total revenue in the U.S. is estimated at over $4 billion annually

Statistic 56

The percentage of seniors relying solely on Social Security benefits for their retirement income is approximately 30%

Statistic 57

The number of individual retirement accounts (IRAs) in the U.S. reached over 50 million in 2022

Statistic 58

In the UK, the auto-enrollment pension scheme has increased pension coverage to over 94% of eligible employees

Statistic 59

The adherence rate to automatic enrollment retirement plans in the US is over 80%, indicating high participation when auto-enrolled

Statistic 60

The average contribution limit for 401(k) plans in 2023 was $22,500, with additional catch-up contributions allowed for those aged 50 and above

Statistic 61

The lifetime payout rate of fixed annuities in the US averages approximately 4%, providing reliable income streams for retirees

Statistic 62

Public pension plans in the U.S. are underfunded by approximately $1.2 trillion nationwide, raising concerns about future retirement security

Statistic 63

The average inflation rate affecting retirement savings in the past decade has been approximately 2%, influencing real investment returns

Statistic 64

Employer-sponsored retirement plans are available to approximately 70% of small and medium-sized businesses in the U.S., facilitating broader retirement savings access

Statistic 65

The transition to defined contribution plans from defined benefit plans has shifted retirement risk from employers to employees, with over 90% of new plans being DC plans

Statistic 66

The average value of a life annuity in the U.S. is approximately $200,000 for a 65-year-old, providing a steady income stream

Statistic 67

The proportion of early retirees (retirement before age 60) is roughly 25%, often due to health issues or financial independence

Statistic 68

The global pension fund assets represent about 50% of the world's GDP, indicating the industry’s massive scale

Statistic 69

The average age at which Americans start Social Security benefits has increased to 62.5 years, from 60 in the 1980s, due to longer working years

Statistic 70

The penetration rate of employer-sponsored retirement plans is higher in the private sector (around 65%) than in the public sector, which is about 50%

Statistic 71

The average annual return on target-date funds, a popular retirement investment, was around 5.5% over the past decade, reflecting volatility and market conditions

Statistic 72

The share of US households with a net worth exceeding $1 million is about 10%, many of whom are nearing or in retirement, indicating wealth concentration

Statistic 73

The percentage of Americans aged 65+ living in assisted living or nursing homes is approximately 5%, impacting planning for long-term care costs

Statistic 74

The average size of a retirement nest egg for those aged 55+ in the U.S. is roughly $300,000, with significant disparities based on income level

Statistic 75

The number of registered retirement savings plans per capita in Canada grew by 20% from 2018 to 2022, showing rising participation

Statistic 76

The global pension funding ratio (assets to liabilities) stands at about 90%, indicating a shortfall in funding levels across many plans

Statistic 77

Only about 45% of Americans have tried to calculate how much money they will need in retirement

Statistic 78

The retirement savings rate among millennials is around 21%, lower than Generation X at 27%

Statistic 79

In 2021, about 35% of U.S. workers participated in a Roth IRA, representing a significant increase over previous years

Statistic 80

Women are less likely than men to have a pre-retirement savings plan, with only 53% of women participating compared to 65% of men

Statistic 81

The percentage of baby boomers actively planning their retirement has increased to 85% as they approach retirement age

Statistic 82

Only about 15% of American workers are confident they will be able to retire comfortably, indicating significant retirement readiness gaps

Statistic 83

About 25% of Americans aged 60 and above have some form of long-term care insurance, which is considered essential for comprehensive retirement planning

Statistic 84

The proportion of Americans with a will or estate plan is only around 50%, underscoring planning gaps in retirement preparedness

Statistic 85

Women are more likely than men to withdraw from retirement accounts early, often due to financial emergencies, impacting long-term savings

Statistic 86

The average duration of long-term care insurance coverage is about 3-4 years, and the cost can reach up to $10,000 annually, impacting retirement costs

Statistic 87

Approximately 45% of millennials have no retirement savings plans in place, highlighting future challenges for retirement readiness

Statistic 88

The percentage of Americans aged 55-64 with a retirement account increased to 72% in recent years, a sign of improved planning

Statistic 89

The percentage of Americans saving through health savings accounts (HSAs) for retirement healthcare costs has increased to 30%, supporting retirement health planning

Statistic 90

The percentage of Americans aged 55+ who plan to work during retirement is over 70%, aiming to supplement income or stay active

Statistic 91

About 40% of Americans do not have a financial advisor, indicating reliance on self-directed retirement planning

Statistic 92

The rate of retirement plan participation among small business employees increased from 45% in 2018 to 58% in 2022, driven by policy incentives

Statistic 93

The utilization of financial literacy tools for retirement planning is growing, with over 60% of adults using online calculators or apps to model retirement scenarios

Statistic 94

The average concern among future retirees about market downturns is over 65%, influencing their investment strategies

Statistic 95

The proportion of U.S. workers who have delayed retirement plans due to economic or health reasons is estimated at 40%, highlighting ongoing retirement security issues

Statistic 96

The percentage of American households with a full estate plan increased from 35% to 50% between 2010 and 2020, reflecting improved retirement and estate planning

Statistic 97

The percentage of Americans aged 50+ who plan to work part-time in retirement has increased by 15% over the past decade, partly due to insufficient savings

Statistic 98

The percentage of retirement account withdrawals made before age 59½ is approximately 20%, often incurring penalties, impacting long-term growth

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Key Highlights

The global retirement market was valued at approximately $23 trillion in 2022
The average American has less than $50,000 saved for retirement
Approximately 60% of Americans are extremely or somewhat concerned about their retirement savings
The percentage of workers participating in employer-sponsored retirement plans in the U.S. was 66% in 2021
The average Social Security retirement benefit for 2023 is approximately $1,827 per month
Approximately 80% of Americans age 55 and older have less than $100,000 in retirement savings
The number of traditional pension plans in the U.S. has decreased by nearly 80% since the 1980s
The global annuities market is projected to reach $2.3 trillion by 2028, expanding at a CAGR of 6.2%
Only about 45% of Americans have tried to calculate how much money they will need in retirement
The median retirement savings for households nearing retirement (ages 55-64) is approximately $200,000
The retirement savings rate among millennials is around 21%, lower than Generation X at 27%
The average 401(k) balance in the U.S. was approximately $106,000 in 2022
Nearly 40% of Americans have less than $1,000 in savings, which impacts their retirement readiness

With nearly $23 trillion in global retirement assets yet over 70% of Americans approaching retirement with less than $50,000 saved, the retirement industry faces a significant challenge in meeting the needs of an aging population amid shifting participation, investment, and policy trends.

American Retirement Savings & Benefits

The average American has less than $50,000 saved for retirement
Approximately 60% of Americans are extremely or somewhat concerned about their retirement savings
The median retirement savings for households nearing retirement (ages 55-64) is approximately $200,000
The average 401(k) balance in the U.S. was approximately $106,000 in 2022
Nearly 40% of Americans have less than $1,000 in savings, which impacts their retirement readiness
The average personal savings rate in the US was around 7% in 2022, down from 8.2% in 2021, impacting retirement preparedness
The percentage of Americans aged 50 and above with no retirement savings is approximately 25%, emphasizing the retirement savings gap

American Retirement Savings & Benefits Interpretation

With less than $50,000 saved on average and nearly a quarter of Americans aged 50+ having no retirement savings at all, it’s clear that many are on a financial treadmill heading toward retirement with a lot less than they need, raising serious questions about our collective future security.

Market Trends and Forecasts

The number of traditional pension plans in the U.S. has decreased by nearly 80% since the 1980s
The global annuities market is projected to reach $2.3 trillion by 2028, expanding at a CAGR of 6.2%
The number of Americans working past age 65 increased by 26% between 2000 and 2020
The global retirement fund assets are forecasted to grow at a CAGR of approximately 5.4% from 2023 to 2028
The average length of retirement is projected to be 20-30 years depending on demographics and health
The global longevity risk market, which insurers and pension funds use to hedge against longer life spans, is expected to reach $1.5 trillion by 2027
The retirement industry is increasingly adopting ESG (Environmental, Social, Governance) investment criteria, now representing over 40% of all new fund inflows
The adoption of robo-advisors for retirement planning has increased by over 150% from 2018 to 2022, reflecting technological shifts in the industry
The global private pension assets are expected to reach $24 trillion by 2027, growing at a CAGR of 5.1%, indicating increased pension fund investments worldwide
About 55% of Americans over age 65 continue to work part-time after retirement, either for income or personal fulfillment
The global market for retirement planning software is projected to reach $2.5 billion by 2026, reflecting increasing digitization
The number of seniors aged 65+ living alone in the U.S. is projected to reach 25 million by 2030, highlighting demographic shifts impacting retirement planning
The percentage of retirement age Americans using hybrid retirement income strategies (combining pensions, savings, part-time work) is rising, now accounting for over 60%
The global demographic shift towards older populations will increase retirement needs by $10 trillion annually worldwide by 2030
The adoption of sustainable and ESG investing strategies in the retirement industry increased by 35% in 2022, reflecting ethical investing trends
The number of retirees using longevity insurance products such as deferred income annuities is growing, with an estimated market value of over $20 billion in 2023
The use of blockchain technology for pension contribution tracking and management is emerging, with over 10% of industry firms exploring implementation as of 2023
The global retirement market is projected to grow at a CAGR of 7.2% through 2030, driven by aging populations and increased pension coverage
The emergence of hybrid retirement plans combining defined benefit and defined contribution features is on the rise, now represented in approximately 35% of new retirement plans
The number of cohort-based retirement savings programs in companies increased by 50% between 2019 and 2023, illustrating industry innovation
The percentage of Americans with access to flexible retirement options, such as phased retirement, has risen to 65%, supporting gradual transition into retirement
The median age of first-time homebuyers entering retirement has increased to 36 years, affecting retirement savings and housing strategies
The global market for longevity risk transfer products, including insurance and securities, is projected to reach $1.8 trillion by 2025, reflecting increased demand for risk management solutions
The trend toward sustainable retirement investments is expected to grow, with ESG funds accounting for over 50% of global retirement assets by 2030
The total assets managed by global social impact (ESG) funds reached approximately $2.3 trillion in 2022, reflecting growth in sustainable investment interests
The growth of health savings account (HSA) contributions for retirement healthcare expenses is increasing by approximately 12% annually, supporting retirement health planning
The market share of digital retirement planning platforms is expected to reach 35% by 2025, driven by increasing consumer adoption of fintech solutions
The global retirement market is forecasted to grow by $12 trillion by 2030, driven by demographic shifts and regulatory changes

Market Trends and Forecasts Interpretation

As the U.S. abandons its pension relics and embraces a trillion-dollar global shift toward ESG, longevity hedges, and digital innovation, today's retirees are becoming lifelong strategists navigating a 20-30 year horizon, proving that in retirement planning, it’s not just about adding years but making those years count.

Retiree Financial Well-being

The average Social Security retirement benefit for 2023 is approximately $1,827 per month
Approximately 80% of Americans age 55 and older have less than $100,000 in retirement savings
The median annual retirement income for American households is approximately $47,000
Nearly 70% of Americans retire with less than $100,000 in savings, significantly impacting their retirement security
The average age of retirement in the U.S. has increased to 62.3 years, up from 59 in the 1980s, reflecting financial necessity
The average annual expenditure for retirees on health care is approximately $6,000, which can significantly impact retirement savings
The average debt for retirees is around $60,000, including mortgage and credit card debt, which can strain retirement income
The percentage of retirees relying on part-time work has increased by 10% over the last decade, illustrating financial necessity
The average payout period for a traditional pension is approximately 15 years, though it may vary based on individual life expectancy
The percentage of retirees who report high levels of financial stress is about 35%, influenced by inadequate savings and market volatility
The percentage of retirees experiencing poverty is around 9%, with a significant portion being women or minorities
The U.S. government's Public Service Loan Forgiveness program benefits about 10,000 retirees annually, easing education debt burdens
The average spend on leisure and travel in retirement per person is about $6,500 annually, impacting overall retirement budgets
The percentage of retirees relying heavily on family support, such as children or relatives, is estimated at 20%, influencing retirement stability
The lifetime income from a $100,000 retirement annuity at age 65 is approximately $6,500 annually, adjusted for inflation
The impact of inflation on retirement savings is significant, with a 2% annual inflation rate eroding roughly 20% of dollar value over 10 years, highlighting the importance of inflation hedging
The proportion of retirees experiencing financial hardship due to healthcare costs is around 20%, underscoring the importance of health-related savings

Retiree Financial Well-being Interpretation

With nearly 80% of Americans aged 55+ having less than $100,000 in retirement savings and the average Social Security benefit just under $1,830 monthly, it’s clear that many are entering retirement with little cushion, often resorting to part-time work or family support—and perhaps wondering if their plans for leisure or healthcare can truly coexist with the harsh realities of inflation, debt, and insufficient savings.

Retirement Market Overview

The global retirement market was valued at approximately $23 trillion in 2022
The percentage of workers participating in employer-sponsored retirement plans in the U.S. was 66% in 2021
The retirement industry’s total revenue in the U.S. is estimated at over $4 billion annually
The percentage of seniors relying solely on Social Security benefits for their retirement income is approximately 30%
The number of individual retirement accounts (IRAs) in the U.S. reached over 50 million in 2022
In the UK, the auto-enrollment pension scheme has increased pension coverage to over 94% of eligible employees
The adherence rate to automatic enrollment retirement plans in the US is over 80%, indicating high participation when auto-enrolled
The average contribution limit for 401(k) plans in 2023 was $22,500, with additional catch-up contributions allowed for those aged 50 and above
The lifetime payout rate of fixed annuities in the US averages approximately 4%, providing reliable income streams for retirees
Public pension plans in the U.S. are underfunded by approximately $1.2 trillion nationwide, raising concerns about future retirement security
The average inflation rate affecting retirement savings in the past decade has been approximately 2%, influencing real investment returns
Employer-sponsored retirement plans are available to approximately 70% of small and medium-sized businesses in the U.S., facilitating broader retirement savings access
The transition to defined contribution plans from defined benefit plans has shifted retirement risk from employers to employees, with over 90% of new plans being DC plans
The average value of a life annuity in the U.S. is approximately $200,000 for a 65-year-old, providing a steady income stream
The proportion of early retirees (retirement before age 60) is roughly 25%, often due to health issues or financial independence
The global pension fund assets represent about 50% of the world's GDP, indicating the industry’s massive scale
The average age at which Americans start Social Security benefits has increased to 62.5 years, from 60 in the 1980s, due to longer working years
The penetration rate of employer-sponsored retirement plans is higher in the private sector (around 65%) than in the public sector, which is about 50%
The average annual return on target-date funds, a popular retirement investment, was around 5.5% over the past decade, reflecting volatility and market conditions
The share of US households with a net worth exceeding $1 million is about 10%, many of whom are nearing or in retirement, indicating wealth concentration
The percentage of Americans aged 65+ living in assisted living or nursing homes is approximately 5%, impacting planning for long-term care costs
The average size of a retirement nest egg for those aged 55+ in the U.S. is roughly $300,000, with significant disparities based on income level
The number of registered retirement savings plans per capita in Canada grew by 20% from 2018 to 2022, showing rising participation
The global pension funding ratio (assets to liabilities) stands at about 90%, indicating a shortfall in funding levels across many plans

Retirement Market Overview Interpretation

With a $23 trillion valuation and over 50 million IRAs, the global retirement industry resembles a colossal financial universe, where U.S. workers’ 66% participation and 80% auto-enrollment adherence suggest strong automatic momentum, yet underfunded public pensions and reliance on modest Social Security benefits remind us that financial security in retirement remains a high-stakes balancing act—one that demands both smart planning and a bit of fiscal faith.

Retirement Planning and Participation

Only about 45% of Americans have tried to calculate how much money they will need in retirement
The retirement savings rate among millennials is around 21%, lower than Generation X at 27%
In 2021, about 35% of U.S. workers participated in a Roth IRA, representing a significant increase over previous years
Women are less likely than men to have a pre-retirement savings plan, with only 53% of women participating compared to 65% of men
The percentage of baby boomers actively planning their retirement has increased to 85% as they approach retirement age
Only about 15% of American workers are confident they will be able to retire comfortably, indicating significant retirement readiness gaps
About 25% of Americans aged 60 and above have some form of long-term care insurance, which is considered essential for comprehensive retirement planning
The proportion of Americans with a will or estate plan is only around 50%, underscoring planning gaps in retirement preparedness
Women are more likely than men to withdraw from retirement accounts early, often due to financial emergencies, impacting long-term savings
The average duration of long-term care insurance coverage is about 3-4 years, and the cost can reach up to $10,000 annually, impacting retirement costs
Approximately 45% of millennials have no retirement savings plans in place, highlighting future challenges for retirement readiness
The percentage of Americans aged 55-64 with a retirement account increased to 72% in recent years, a sign of improved planning
The percentage of Americans saving through health savings accounts (HSAs) for retirement healthcare costs has increased to 30%, supporting retirement health planning
The percentage of Americans aged 55+ who plan to work during retirement is over 70%, aiming to supplement income or stay active
About 40% of Americans do not have a financial advisor, indicating reliance on self-directed retirement planning
The rate of retirement plan participation among small business employees increased from 45% in 2018 to 58% in 2022, driven by policy incentives
The utilization of financial literacy tools for retirement planning is growing, with over 60% of adults using online calculators or apps to model retirement scenarios
The average concern among future retirees about market downturns is over 65%, influencing their investment strategies
The proportion of U.S. workers who have delayed retirement plans due to economic or health reasons is estimated at 40%, highlighting ongoing retirement security issues
The percentage of American households with a full estate plan increased from 35% to 50% between 2010 and 2020, reflecting improved retirement and estate planning
The percentage of Americans aged 50+ who plan to work part-time in retirement has increased by 15% over the past decade, partly due to insufficient savings

Retirement Planning and Participation Interpretation

Despite increased awareness and planning among certain cohorts, the stark reality remains: with only 45% of Americans having proactively calculated their retirement needs and just half possessing an estate plan, a significant portion of the nation's future retirees face an uncertain financial horizon, especially when glaring gaps—such as low savings rates among millennials, gender disparities, and limited long-term care coverage—highlight that retirement preparedness is more a wish than a plan for many.

Retirement Savings & Benefits

The percentage of retirement account withdrawals made before age 59½ is approximately 20%, often incurring penalties, impacting long-term growth

Retirement Savings & Benefits Interpretation

Nearly one-fifth of retirement withdrawals occur prematurely, often eroding future nest eggs through penalties and missed growth opportunities—reminding us that early access can come with costly consequences.