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Benefits 2.0

Retirement anxiety despite strong pay

Economist Enterprise
A curly hair woman

Stable incomes today, but anxious about retirement tomorrow

Energy and utilities workers enjoy relatively strong and stable incomes today—but remain highly concerned about their retirement outlook.1 The latest Benefits 2.0 survey, conducted by Economist Enterprise and supported by Nuveen, finds that nearly four in five (78%) are worried that inflation will erode the value of their retirement benefits, compared with 69% in other industries—the highest level of concern across sectors.

This anxiety is most pronounced among mid-career employees: 84% of millennials express concern, compared with 79% of Gen X and Baby Boomers, and just 58% of Gen Z. This suggests those in their peak earning years are most attuned to whether their retirement benefits are keeping pace with long-term financial risks.

Read the article

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Nuveen and Economist Enterprise, or any of their affiliates or subsidiaries are not affiliated with or in any way related to each other. The research was independently developed by Economist Enterprise and is sponsored by Nuveen, LLC. The views and opinions expressed in this publication are those of Economist Enterprise and do not necessarily reflect the view and policies of Nuveen, LLC.

This material, along with any views and opinions expressed within, are presented for informational and educational purposes only as of the date of production/writing and may change without notice at any time based on numerous factors, such as changing market, economic, political, or other conditions, legal and regulatory developments, additional risks and uncertainties and may not come to pass. There is no promise, representation, or warranty (express or implied) as to the past, future, or current accuracy, reliability or completeness of, nor liability for, decisions based on such information, and it should not be relied on as such. This material should not be regarded by the recipients as a substitute for the exercise of their own judgment.

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