The asset manager’s 2023 Global Retirement Survey also finds that 63% of workers don’t think their retirement savings will be enough and that they will have to continue working either fewer hours or at another job. Three-quarters of survey respondents say they need to put more away for retirement than they had originally planned, while 66% don’t think they can retire at the age they had hoped to.
The global online survey was conducted between March 22 and April 6 and includes insights from more than 4,000 adults, including 1,000 in the U.S., who at least work part-time or who are actively enrolled in retirement plans in the U.S., UK, Australia and Canada.