Retirees

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. 

September 3, 2020

Retirees were already living a fragile financial picture when the coronavirus pandemic exacerbated risks to their health and financial well-being. This report examines retirees’ financial realities, life and living arrangements, what prompted them to retire, and their preparations during their working years. It is based on the 20th Annual Transamerica Retirement Survey conducted in late 2019 and a supplemental survey conducted in June 2020.

December 18, 2018

Today’s retirees are living a financially precarious existence and facing a savings shortfall. While retirees started their careers decades ago, the retirement landscape and planning-related assumptions have since changed. This report examines retirees’ lives in retirement, financial situation, living arrangements, and plans for long-term care, based on the 19th Annual Transamerica Retirement Survey of retirees.

April 28, 2016

The Compendium examines retirees’ health and wealth across 50+ indicators by age ranges 50-59, 60-64, 65-69 and 70+. It provides in-depth perspectives on retirees’ attitudes about life in retirement, time commitments, living arrangements, and personal finances. This research report is based on the 16th Annual Transamerica Retirement Survey of retirees.

December 2, 2015

People are living longer than any time in history; however, this gift of longevity challenges long-held beliefs about retirement and raises questions about the future of retirement. This report compares and contrasts the retirement outlook of age 50+ workers with the actual experiences of retirees, based on the 16th Annual Transamerica Retirement Survey of retirees and workers.