Americans with a retirement plan are more confident about their future
Having a written retirement plan significantly increases confidence in one’s financial future. 81% of retirees with a plan believe their money will last a lifetime, compared to 45% without one.
The current economic climate is marked by anxiety, with the University of Michigan Consumer Sentiment Index at 49.8 in April 2026. Additionally, the personal savings rate has decreased from 5.2% in the first quarter of 2025 to 3.7% in the first quarter of 2026.
This study highlights the importance of planning for retirement, as those who have written down their plans are more than twice as likely to feel confident about their future.