Press Releases
November 2023 | Transamerica Center for Retirement Studies
23 Facts About Women's Retirement Outlook report examines vulnerabilities, opportunities, and retirement preparedness of women workers. Only 19% of women workers are “very” confident that they will be able to fully retire with a comfortable lifestyle, according to the 23rd Annual Transamerica Retirement Survey.
September 2023 | Transamerica Center for Retirement Studies
Life in Retirement: Pre-Retiree Expectations and Retiree Realities report describes the retirement insecurities of retirees and age 50+ workers. Fewer than one in four age 50+ workers and retirees are very confident they will be able to maintain a comfortable lifestyle throughout their retirement (17%, 23%, respectively), according to the 23rd Annual Transamerica Retirement Survey.
July 2023 | Transamerica Center for Retirement Studies
Post-Pandemic Realities: The Retirement Outlook of the Multigenerational Workforce report examines the retirement outlook of Generation Z, Millennials, Generation X, and Baby Boomers. Forty-one percent of workers think that future generations of retirees will be worse off than those currently in retirement, according to the 23rd Annual Transamerica Retirement Survey.
May 2023 | Transamerica Institute
Stepping into the Future: Employers, Workers, and the Multigenerational Workforce report reveals employer-worker disconnects between employer's offerings and workers' needs. Sixty-nine percent of employers cite one or more workforce-related issues as major concerns for their company’s leadership, and more than six in 10 (61%) reevaluated their health, retirement, and other benefit offerings in 2022, according to the 23rd Annual Transamerica Retirement Survey.
February 2023 | Transamerica Center for Retirement Studies
Less than half (49%) of U.S. workers are aware of the IRS Saver's Credit that may help them save for retirement and lower their tax bill, according the 23rd Annual Retirement Survey from nonprofit Transamerica Center for Retirement Studies® (TCRS). The Saver’s Credit, also referred to as the Retirement Savings Contributions Credit by the Internal Revenue Service (IRS), is available to millions of eligible taxpayers who are saving for retirement.
December 2022 | Transamerica Center for Retirement Studies
The SECURE 2.0 Act of 2022, a result of extensive bipartisan collaboration, represents a major milestone in enhancing retirement security. Based on the 22nd Annual Retirement Survey, Transamerica Institute and TCRS spotlight eight meaningful ways the new legislation enhances retirement security though government matching contributions, expansion of workplace retirement plan coverage, retirement plan eligibility for part-time employees, automatic enrollment and automatic escalation, emergency savings accounts, matching contributions for student loan repayments, expansion of catch-up contributions, and changes to required minimum distributions (RMDs).
December 2022 | Transamerica Center for Retirement Studies
Emerging From the COVID-19 Pandemic: A Compendium About U.S. Workers’ Retirement Outlook examines demographic influences and vulnerable populations in the U.S. workforce. Almost half of U.S. workers (49 percent) expect their primary source of retirement income to come from self-funded savings such as 401(k)s, 403(b)s, IRAs, and other savings and investments. However, the total household retirement savings among workers is only $67,000 (estimated median), according to the 22nd Annual Retirement Survey.
November 2022 | Transamerica Center for Retirement Studies
Emerging From the COVID-19 Pandemic: Women's Health, Money, and Retirement Preparations examines the retirement-related risks for women in the workforce. More than four in 10 working women (41 percent) expect to retire at age 70 or older or do not plan to retire, according to the 22nd Annual Retirement Survey.
October 2022 | Transamerica Institute
Transamerica Institute® publishes new cookbook, Healthier Traditions Cookbook: Around the World, as part of its Healthier Traditions Cookbook™ series to help support people’s health and longevity. More than one in 10 Americans (13 percent) are planning to live to age 100 years or older, but relatively few are taking adequate steps to protect their health, according to the 22nd Annual Retirement Survey.
October 2022 | Transamerica Center for Retirement Studies
Emerging From the COVID-19 Pandemic: Four Generations Prepare for Retirement examines the retirement prospects of Baby Boomers, Generation X, Millennials, and Generation Z. Seventy-six percent of workers say their life priorities changed as a result of the pandemic, and 56 percent cite saving for retirement as a financial priority, according to the 22nd Annual Retirement Survey.
August 2022 | Transamerica Institute
Emerging From the COVID-19 Pandemic: The Employer's Perspective identifies gaps in employers’ health and retirement benefit offerings and business practices. Eighty-one percent of employers feel responsible for helping employees maintain their long-term health and well-being, 72 percent cite one or more major concerns about employees’ mental health, and 47 percent have found it difficult to recruit new employees, according to our 2021 survey of for-profit U.S. employers.
June 2022 | Transamerica Center for Retirement Studies
Emerging From the COVID-19 Pandemic: The Retirement Outlook of the Workforce examines the retirement prospects of the workforce among the employed, self-employed, and unemployed but looking for work, and raises the urgent need for action. Fewer than three in 10 workers (29 percent) “strongly agree” they are building a large enough retirement nest egg, according to the 22nd Annual Retirement Survey.
February 2022 |Transamerica Center for Retirement Studies
Only 48 percent of U.S. workers are aware of the IRS Saver's Credit t that may help them save for retirement, according to the 22nd Annual Retirement Survey from nonprofit Transamerica Center for Retirement Studies® (TCRS). Also referred to as the Retirement Savings Contributions Credit by the Internal Revenue Service (IRS), the Saver’s Credit is available to millions of eligible taxpayers who are saving for retirement. Read more to tips on how to claim the Saver's Credit.
December 2021 |Transamerica Center for Retirement Studies
The New Social Contract: Future-Proofing Retirement highlights the urgency for modernizing and future-proofing retirement systems, as the economy begins to rebuild from the damage of the COVID-19 pandemic. Almost four in 10 people globally are concerned about running out of money in retirement (38 percent global, 39 percent U.S.), according to the 10th Annual Global Retirement Readiness Survey. It is a collaboration among Aegon Center for Longevity and Retirement (ACLR) and nonprofits Transamerica Center for Retirement Studies® (TCRS) and Instituto de Longevidade MAG.
November 2021 | Transamerica Center for Retirement Studies
A Compendium of Findings About the Retirement Outlook of U.S. Workers examines demographic influences on U.S. workers’ long-term financial outlook. Fewer than one in four U.S. workers (24 percent) are “very confident” that they will be able to fully retire with a comfortable lifestyle, according to the 21st Annual Retirement Survey.
October 2021 | Transamerica Center for Retirement Studies
Life in the COVID-19 Pandemic: Women's Health, Finances, and Retirement Outlook examines the retirement prospects and risks for women workers. More than half of working women (51 percent) indicate their financial situation has been negatively impacted by the pandemic, according to the 21st Annual Retirement Survey.
October 2021 | Transamerica Institute
New weekly podcast explores health and financial well-being issues and tips with host Al Waller, our own retirement and public health experts, Catherine Collinson and Mihaela Vincze, and other special guests. ClearPath - Your Roadmap to Health and Wealth has always been about helping listeners make informed decisions in their daily lives, and now, this expanded podcast format can reach people anywhere and anytime.
August 2021 | Transamerica Institute
To help people during these challenging times, nonprofit Transamerica Institute has published updated editions of four free cookbooks in its Healthier Traditions CookbookTM series, including Quick & Easy, Italian, Soul Food, and American Classics. The Healthier Traditions Cookbook recipes include nutritional facts, evidence-based details, helpful tips, and modifications for specific dietary needs.
August 2021 | Transamerica Center for Retirement Studies
Living in the COVID-19 Pandemic: The Health, Finances, and Retirement Prospects of Four Generations examines the retirement prospects of Generation Z, Millennials, Generation X, and Baby Boomers. Despite six in 10 employed workers (60 percent) having made adjustments due to pandemic-related financial strain, 82 percent are saving for retirement, according to the 21st Annual Retirement Survey.
June 2021 | Transamerica Institute
Navigating the Pandemic: A Survey of U.S. Employers examines the pandemic’s impact on employers, their response, and timely opportunities. Most employers have been negatively impacted by the pandemic (70 percent) and more than half implemented difficult cost-cutting measures that affected their employees (54 percent). At the same time, nine in 10 employers implemented one or more types of support for their employees during the pandemic, such as flexible hours, the ability to work remotely, safety measures for on-site workers, and more.
February 2021 | Transamerica Center for Retirement Studies
Only 43 percent of workers are aware of the IRS Saver's Credit, according to the 20th Annual Retirement Survey. This little-known tax credit makes it more affordable for eligible taxpayers to save for retirement in a 401(k), 403(b), or similar employer-sponsored retirement plan; a traditional or Roth IRA, or an ABLE account. Read more to tips on how to claim the Saver's Credit.
January 2021 | Aegon Center for Longevity and Retirement
The New Social Contract: Young adults reinventing life, work, and retirement examines the perspectives, priorities, and preparations of workers in their 20s around the world. Young adults are expecting to self-fund an even greater proportion of their retirement income than previous generations. However, few young adult workers (age 20 to 29) think they are on course to achieve their retirement income needs (20 percent global, 26 percent U.S.), according to the 9th Annual Global Retirement Readiness Survey. It is a collaboration among Aegon Center for Longevity and Retirement (ACLR) and nonprofits Transamerica Center for Retirement Studies® (TCRS) and Instituto de Longevidade Mongeral Aegon.
December 2020 | Transamerica Center for Retirement Studies
Retirement Security: A Compendium of Findings About U.S. Workers Report highlights workers’ vulnerabilities and outlines priorities for policymakers. One in five U.S. workers (21 percent) indicate their confidence in their ability to retire comfortably has declined in light of the coronavirus pandemic – and only 27 percent are very confident that they will be able to fully retire with a comfortable lifestyle, according to the 20th Annual Retirement Survey.
September 2020 | Transamerica Center for Retirement Studies
Women and Retirement: Risks and Realities Amid COVID-19 Report outlines women’s financial vulnerabilities before and during the pandemic. One in four women workers (24 percent) who are employed or recently unemployed say their confidence in their ability to retire comfortably has declined amid the coronavirus pandemic, according to the 20th Annual Retirement Survey. However, only 17 percent of women say they are “very” confident they will be able to fully retire with a comfortable lifestyle.
September 2020 | Transamerica Center for Retirement Studies
Retirees and Retirement Amid COVID-19 report examines how retirees are financially faring in retirement. Despite the ongoing pandemic, three in four retirees (75 percent) say their confidence in their ability to maintain a comfortable lifestyle through retirement has stayed the same and only 29 percent are “very confident” in their ability to do so, according to the 20th Annual Transamerica Retirement Survey.
July 2020 | Transamerica Institute
In the 20th Annual Retirement Survey, fewer than six in 10 U.S. workers reported they eat healthfully on a consistent basis amid the COVID-19 pandemic. Healthier Traditions: Quick and Easy Cookbook offers 19 dietitian-crafted recipes to make in 20 minutes or less. It strives to raise awareness of the importance of a nutritious diet and to make it easier to make healthier choices.
June 2020 | Aegon Center for Longevity and Retirement
The New Social Contract: Age-Friendly Employers highlights the ways employers around the world can promote retirement security. Workers globally and in the U.S. expect they will need on average 67 percent of their current income in retirement, yet relatively few believe they are on course to meet these needs (25 percent globally, 39 percent U.S.), according to the 9th Annual Global Retirement Readiness Survey. It is a collaboration among Aegon Center for Longevity and Retirement (ACLR) and nonprofits Transamerica Center for Retirement Studies® (TCRS) and Instituto de Longevidade Mongeral Aegon.
June 2020 | Transamerica Institute
Left Behind: Health Care in Rural America Report illuminates the health and health-care related risks among rural residents and offers comparisons with urban and suburban residents. Only 69 percent of rural residents describe themselves as being in “excellent” or “good” health, which is less than what is reported by urban (80 percent) and suburban residents (78 percent), according to the 7th Annual Consumer Health Care Survey.
May 2020 | Transamerica Center for Retirement Studies
Retirement Security Amid COVID-19: The Outlook of Three Generations Report examines the retirement risks faced by Millennials, Generation X, and Baby Boomers. Twenty-three percent of workers who are employed or recently unemployed say their confidence in their ability to retire comfortably has declined in light of the coronavirus pandemic, according to the 20th Annual Retirement Survey.
February 2020 | Aegon Center for Longevity and Retirement
The New Social Contract: Achieving retirement equality for women offers insights for improving the retirement outlook of women around the world. Globally, only 21 percent of women workers (25 percent U.S.) believe they are on course to achieve their retirement income needs, according to the 8th Annual Global Retirement Readiness Survey. It is a collaboration among Aegon Center for Longevity and Retirement (ACLR) and nonprofits Transamerica Center for Retirement Studies® (TCRS) and Instituto de Longevidade Mongeral Aegon.
January 2020 | Transamerica Center for Retirement Studies
Fewer than four in ten U.S. workers (38 percent) know about a tax credit that may help them save for retirement, according to the 19th Annual Retirement Survey. Also referred to as the Retirement Savings Contributions Credit by the Internal Revenue Service (IRS), the Saver’s Credit, is available to eligible taxpayers who are saving for retirement. Read more to tips on how to claim the Saver's Credit.
December 2019 | Transamerica Center for Retirement Studies
Compendium of Findings About U.S. Workers Report offers detailed perspectives on retirement readiness. Today’s workers have saved $50,000 (estimated median) in all household retirement accounts, but savings vary dramatically across demographic segments, according to the 19th Annual Retirement Survey.
December 2019 | Transamerica Institute
Mental health employee benefits are important for U.S. employers. Ninety-six percent of employers believe improving mental health in the workplace is good for their business, but only 65% indicate their company provides adequate mental health services, according to the 7th Annual Employer Healthcare Survey.
November 2019 | Transamerica Center for Retirement Studies
19 Facts About Women's Retirement Outlook Report outlines vulnerabilities and opportunities for women to improve their retirement outlook. Only 12 percent of women workers are “very” confident that they will be able to fully retire with a comfortable lifestyle, according to the 19th Annual Retirement Survey.
October 2019 | Transamerica Institute
Americans Settle in During Healthcare Uncertainty Report finds more than half of workers stay at their job to keep health benefits. Six years after Health Insurance Exchanges were first launched as a result of the Affordable Care Act (ACA), Americans report they are largely satisfied with their healthcare options, according to the 7th Annual Consumer Health Care Survey.
October 2019 | Transamerica Institute
Employers: The Retirement Security Challenge Report finds employers should do more to help employees financially prepare for older age. Only 17 percent of employers are very confident that their employees will be able to achieve a financially secure retirement, an alarming statistic given the societal role they play in helping workers financially prepare for older age, according to the 19th Annual Retirement Survey.
August 2019 | Transamerica Institute
Transamerica Institute, in collaboration with the University of Iowa College of Public Health, is seeking Colorado business participation in a survey on age-friendly workplaces to identify best practices for recruiting and retaining age 50+ workers. Grant funding for this research has been provided by the Colorado-based NextFifty Initiative.
July 2019 | Transamerica Center for Retirement Studies
Self-Employed: Defying and Redefining Retirement Report examines the preparations, expectations, and vulnerabilities of the self-employed. Only 26 percent of the self-employed are “very much” looking forward to retirement according to the 19th Annual Retirement Survey.
May 2019 | Aegon Center for Longevity and Retirement
The New Social Contract: Empowering individuals in a transitioning world highlights the need for collective action by individuals, governments, and employers to help individuals around the world take greater control over their retirement security. The most frequently cited retirement concerns are declining physical health (50 percent global, 44 percent U.S.) and running out of money (40 percent global, 49 percent U.S.), according to the 8th Annual Global Retirement Readiness Survey. It is a collaboration among Aegon Center for Longevity and Retirement (ACLR) and nonprofits Transamerica Center for Retirement Studies® (TCRS) and Instituto de Longevidade Mongeral Aegon.
May 2019 | Transamerica Institute
Millennials: Digital Natives Disrupting Healthcare Trends Report shows that Millennials are less insured, less satisfied, and visit the doctor less. Millennials (16 percent) are more likely to be uninsured compared with the older generations (12 percent of Gen X and 8 percent of Boomers), an increasing trend since 2016, according to the 6th Annual Consumer Healthcare Survey. When asked why they lack insurance, 60 percent of uninsured Millennials say it is too expensive. More than the older generations, uninsured Millennials say that they do not have time to acquire coverage.
April 2019 | Transamerica Center for Retirement Studies
In this era in which people have the potential to live longer than in any other time in history, a time when workers are grappling with how to financially prepare for older age, What is "Retirement"? Three Generations Prepare for Older Age Report explores the perspectives and preparations of American workers and what "retirement" personally means to them. Workers most often associate retirement with the words “freedom” (55 percent), “enjoyment” (53 percent), and “stress-free” (43 percent), according to the 19th Annual Retirement Survey.
March 2019 | Aegon Center for Longevity and Retirement
The Unique Retirement Challenges of Workers in Physically Demanding Jobs highlights imminent risks and outlines mitigating actions that physical workers around the world can take to improve their retirement prospects. Few workers in physically demanding jobs or “physical workers” feel they are on track to meet their estimated retirement income needs (31 percent U.S., 21 percent global), according to the 7th Annual Global Retirement Readiness Survey. It is a collaboration among Aegon Center for Longevity and Retirement (ACLR) and nonprofits Transamerica Center for Retirement Studies® (TCRS) and Instituto de Longevidade Mongeral Aegon.
February 2019 | Transamerica Institute
Jump start a new year of healthy eating with 18 classic Italian recipes. Healthier Traditions: Italian Cookbook facilitates healthy eating habits year-round, which is now available for users to download online for free. This marks the fourth edition of the Healthier Traditions Cookbook series, with previous free versions including healthier takes on Soul Food, Regional American Classics and Traditional Mexican dishes.
January 2019 | Transamerica Center for Retirement Studies
Most American workers are unaware of an important tax credit that may help them save for retirement. The Saver’s Credit, also referred to as the Retirement Savings Contributions Credit by the Internal Revenue Service (IRS), is available to eligible taxpayers who are saving for retirement. Unfortunately, 62 percent of workers are unaware of the credit, according to the 19th Annual Retirement Survey. Read more to tips on how to claim the Saver's Credit.
December 2018 | Transamerica Center for Retirement Studies
A Precarious Existence: How Today’s Retirees Are Financially Faring in Retirement report underscores the financial vulnerability of retirees. Fewer than half of retirees (46 percent) agree that they have built a large enough retirement nest egg, with only 16 percent “strongly” agreeing and 30 percent “somewhat” agreeing, according to the 19th Annual Transamerica Retirement Survey.
September 13, 2018 | Transamerica Institute
Transamerica Institute congratulates our very own, Catherine Collinson, who has been named Influencer in Aging by PBS Next Avenue for her work in pushing traditional boundaries and changing our society's understanding of what it means to grow older.
May 2018 | Aegon Center for Longevity and Retirement
The New Social Contract: A Blueprint for Retirement in the 21st Century illuminates the critical need for modernization of retirement systems around the world. Almost half of today’s workers and retirees believe that future generations of retirees will be worse off than those currently in retirement (49 percent globally, 46 percent U.S.), according to the 7th Annual Global Retirement Readiness Survey. It is a collaboration among Aegon Center for Longevity and Retirement (ACLR) and nonprofits Transamerica Center for Retirement Studies® (TCRS) and Instituto de Longevidade Mongeral Aegon.
January 2018 | Aegon Center for Longevity and Retirement
LGBT: Retirement Preparations Amid Social Progress explores retirement preparations of LGBT people across nine countries: Australia, Brazil, Canada, France, Germany, the Netherlands, Spain, the United Kingdom, and the United States. Lesbian, Gay, Bisexual, and Transgender (LGBT) workers in the U.S. are outperforming LGBT workers in eight other countries regarding retirement readiness, according to the 6th Annual Global Retirement Readiness Survey. It is a collaboration among Aegon Center for Longevity and Retirement (ACLR) and nonprofits Transamerica Center for Retirement Studies® (TCRS) and Instituto de Longevidade Mongeral Aegon.
September 19, 2017 | Transamerica Institute
Transamerica Institute releases a national survey of 3,000+ non-professional caregivers, the largest of its kind. The survey examines caregivers' duties and highlights the impact caregiving has on personal health and well-being, employment, finances and retirement preparations. The report offers an in-depth analysis and demographic portraits of caregivers by employment status, gender, generation, household income, ethnicity, and whether they are the primary caregiver and became a caregiver voluntarily or not. The report also offers detailed findings about care recipients, including their health status and financial situation.
June 2017 | Aegon Center for Longevity and Retirement
Successful Retirement: Healthy Aging and Financial Security exposes retirement un-readiness among workers globally. Globally, the top three retirement aspirations among survey respondents are traveling (62 percent), spending time with friends and family (57 percent), and pursuing new hobbies (48 percent). A noteworthy 26 percent of respondents globally mention some form of paid work as a retirement aspiration, a finding which is even higher in the U.S. (37 percent), according to the 6th Annual Global Retirement Readiness Survey. It is a collaboration among Aegon Center for Longevity and Retirement (ACLR) and nonprofits Transamerica Center for Retirement Studies® (TCRS) and Instituto de Longevidade Mongeral Aegon.
April 2016 | Transamerica Center for Retirement Studies
The Current State of Retirement: Compendium of Findings About American Retirees report reveals retirees' most frequently cited financial priority is just getting by and/or covering basic living expenses. Only 45 percent of retirees say that they have either fully financially recovered or were not impacted, 35 percent say they have somewhat recovered, eight percent have not yet begun to recover, and 12 percent feel they may never recover from it, according to the 16th Annual Transamerica Retirement Survey.
December 2015 | Transamerica Center for Retirement Studies
The Current State of Retirement: Pre-Retiree Expectations and Retiree Realities report examines pre-retiree expectations and retiree realities. Many workers are planning to work past the traditional retirement age of 65 and yet retirees stopped working before age 65, largely for reasons outside of their control, according to the 16th Annual Transamerica Retirement Survey.
