If People & Money 2020 demonstrates one thing, it’s that retirement is a great equalizer. Nearly everyone is worried about it and trying to prioritize it among the multitude of responsibilities they juggle in everyday life. Here’s a quick snapshot of the global challenge.

No matter the situation, everyone is concerned about outliving their savings in retirement.

  • 37% globally have not started saving for retirement.
  • 32% say that running out of money in retirement poses the greatest risk to their financial future.
Most people are focused on security as their top priority for retirement.

  • 55% are concerned about running out of money.
  • 44% are concerned about maintaining their standard of living.
Key U.S. Findings

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The data in People & Money 2020 is global, but the U.S. story differs somewhat from the rest of the world. Here are some highlights regarding Americans.