TCRS-18th-Annual-Retirement Survey of Workers-Cover_Image

20th Annual Transamerica Retirement Survey

Now in its 20th year, the study is one of the largest and longest-running of its kind. In late 2019, more than 5,200 workers were surveyed. It was supplemented with a survey of 2,000 people in April 2020 to gauge the effects of the coronavirus pandemic on retirement confidence and workers' outlooks. The robust, nationally representative samples enable TCRS to explore many different demographic segments, including workers by generation and gender. TCRS’ research highlights opportunities to improve retirement security and ways everyone can better prepare and save for their financial futures.

The following research reports are available:

 



Retirement Security for Women Amid COVID-19

June 3, 2020

Women have historically been at greater risk of not achieving a financially secure retirement than men — a confluence of the persistent pay gap and time out of the workforce for parenting and caregiving. These factors make it extremely difficult to accumulate sufficient savings. However, the coronavirus pandemic and economic downturn have exacerbated women's financial vulnerabilities. In 2020 and onward, it is imperative that society recognizes women's unique challenges and bridge gender disparities. 

Retirement Confidence Among Women During COVID19 - TCRS 20th Retirement Survey


Research Report

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

May 19, 2020

Workers’ financial well-being has been persistently fragile – an issue of major concern that TCRS has been researching for 20 years. Now, the coronavirus pandemic and recession are further threatening workers’ retirement security and dreams. Its long-term implications have yet to be fully realized; however, the financial vulnerabilities are widespread across generations and becoming clear.

New TCRS report examines the financial impacts of pandemic and retirement risks faced by Millennials, Generation X, and Baby Boomers before and during the pandemic. It also provides opportunities to improve workers’ retirement prospects as they navigate through these unprecedented times.

What does "retirement" mean to Millennials, Generation X, Baby Boomers


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Press Release


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