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

23rd Annual Transamerica Retirement Survey

TCRS' research highlights opportunities to improve retirement security for everyday people, employers, and policymakers. The 23rd Annual Transamerica Retirement Survey is one of the largest and longest running of its kind, exploring the retirement outlook and healthy-aging perspectives across different demographic segments. The survey was conducted in late 2022 among more than 10,000 adults, of whom more than 5,700 are for-profit workers and more than 2,000 are retirees and age 50+ workers. The survey was also separately conducted among more than 1,800 for-profit U.S. employers.

The following research reports are available:


Life in Retirement: Pre-Retiree Expectations and Retiree Realities 

September 28, 2023

Retirees and pre-retirees face longevity risks from declining finances and deteriorating health in older age, as they navigate a turbulent post-pandemic economy. Unlike younger workers with a long time horizon until they retire, retirees and pre-retirees have little time to recover from financial shocks. Retirement often also involves living on limited financial means vis-à-vis Social Security, workplace retirement benefits, and personal savings and investments. Despite these challenges, they are living happy, purposeful albeit financially vulnerable lives. Based on the 23rd Annual Transamerica Retirement Survey, this report explores their visions of aging and retirement, when and how retirement happens, life in retirement and their financial situation. 


Report 

Download

Press Release


Download


Share and Tag Us
on Twitter


@TCRStudies



Post-Pandemic Realities: The Retirement Outlook of the Multigenerational Workforce

July 6, 2023

Today’s multigenerational workforce is contending with the persisting post-pandemic hangover and hurdles to their future retirement. Based on the 23rd Annual Retirement Survey, this report examines the employment, finances, health and well-being, and retirement planning of Generation Z, Millennials, Generation X, and Baby boomers. It outlines the shifting retirement landscape and recommendations for workers, employers, and policymakers.


Report 

Download

Press Release


Download


Share and Tag Us
on Twitter


@TCRStudies



Stepping Into the Future: Employers, Workers, and the Multigenerational Workforce

May 2, 2023

Employers are adapting to the future of work while navigating a turbulent economy, competitive labor market, and evolving workplace trends. Employers feel responsible for helping their employees with professional development, work-life balance, mental health, long-term health and well-being, and retirement security. However, few employers are reflecting this sense of responsibility in actual benefit offerings and business practices. This research report examines employers’ benefit offerings, identifies employees unmet needs, and outlines recommendations for employers to stand out in the evolving employment landscape such as best practices for the multigenerational workforce and changes to retirement savings plans from the SECURE 2.0 Act of 2022. 

This report is based on a 2022 survey of more than 1,800 for-profit U.S. employers with one or more employees and offers analysis by company size, including small (less than 100 employees), medium (100 to 400 employees), and large companies (500 or more employees). It also includes relevant comparisons from a survey of 5,700 workers in for-profit companies. 


Report 

Download

Press Release


Download


Share and Tag Us
on Twitter


@TCRStudies