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EBRI

Retirement Confidence Survey

2021 Retirement Confidence Survey

Become a Partner on the 31st Annual Retirement Confidence Survey! The next survey will feature a focus on diversity, specifically looking at the retirement security of Black and Latinx Workers and Retirees. We will be doing an oversample of key minority groups in 2021, as well as Spanish-language surveys, allowing the RCS to provide insights, including:

  • Priorities of different ethnicities. ready to retire
  • The role of family in saving.
  • Preferred sources of financial information.
  • Difference in sentiment and outcomes between minorities born in the United States and those born outside the United States.

Don’t miss out on Partnership benefits.  Contact jaffe@ebri.org to participate. 

The Retirement Confidence Survey (RCS) gauges the views and attitudes of working-age and retired Americans regarding retirement, their preparations for retirement, their confidence with regard to various aspects of retirement, and related issues. The RCS is the longest-running survey of its kind and is conducted annually by the Employee Benefit Research Institute (EBRI) and the independent research firm Greenwald & Associates.

The 2020 survey of 2,042 Americans was conducted online January 6 through January 21, 2020. All respondents were ages 25 or older. The survey included 1,018 workers and 1,024 retirees.

This data collection period was prior to the pandemic’s effects on the stock market, businesses, and unemployment. Recognizing the impact these events likely had on worker and retiree confidence, a supplemental survey using key questions from the January survey was fielded from March 20–30. The supplemental survey included 505 workers and 499 retirees all ages 25 or older.

Data were weighted by age, gender, education, household income, and race. The margin of error is ± 3.13 percentage points for both workers and retirees in a similarly sized random sample.

This survey is made possible with funding support from the following organizations: Capital Group, Columbia Threadneedle, Invesco, J.P. Morgan, LGIMA (Legal & General Investment Management America), Lincoln Financial, Mercer, MetLife, Nationwide Financial, PIMCO, Principal Financial Group, T. Rowe Price, and Segal.

Complete findings from the Retirement Confidence Survey are available for Partners.  More information on becoming a Partner is available here or by contacting our Membership Relations Specialist.