Retirement Trends

More clients have opinions on retirement income than they did four years ago, consultants and advisors said.

Analysts attribute the increase to consistent savings and positive stock market performance, despite market volatility at the beginning of the quarter.

Only about one-third of employees are saving for health care expenses during retirement despite the fact that these costs continue to surge, said the report.

With increasing doubts about whether they can afford to retire, where Americans choose to live during their golden years may make a big difference.

Across other generations, 38% of Gen X survey respondents, 31% of millennials and 18% of Gen Z reported feeling better about their financial situation in 2025 compared to 2024.

3 in 4 respondents (75%) said they struggled to balance their financial goals while supporting their families.