Overview
- Only 26% of U.S. adults are extremely or very confident their income and assets will last through retirement, while about four-in-ten are not confident or say they will not retire.
- Confidence rises with age yet remains incomplete, with fewer than half in their 60s and 70s highly confident and about 50% among those 80 and older; men 75+ are the most confident at 61%.
- Financial insecurity differs sharply by group, including 57% uncertainty among lower-income adults versus 15% among upper-income, higher uncertainty among Hispanic adults, and greater uncertainty among women than men (42% vs. 36%).
- Among adults under 65 who worry about later life, 30% cite money, Social Security availability or rising costs, while older adults most often advise prioritizing health (49%) followed by finances (37%).
- Formal planning remains uncommon until later life, with 32% having a will and 31% a living will overall, roughly two-thirds in their 70s holding these documents, and most parents 65+ reporting end-of-life conversations with their children on burial (68%), medical wishes (66%) and belongings (61%).