2014 National Plan Participant Study

Reflections in the Mirror

Plan participants recognize the importance of saving for the future and the risks of not having enough in retirement. Yet there continues to be a gap between acknowledgement and action.

We recently sponsored a survey among pre-retirees aged 55-65 and workers between 25-54 to gain a better understanding about their attitudes about saving for retirement including:

  • How savings barriers can be overcome
  • What employers can do to address participants’ needs
  • The role financial advisors should play
  • The importance of defined contribution plans

Key Findings

Diane Gallagher, VP, DCIO Practice Management, discusses key findings from the study.

Nearly two-thirds of respondents expect the advisor to play a major role in preparing them for retirement.

Pre-Retirees Share Their Experiences in Saving for Retirement

Do you feel you've saved enough for retirement, or do you wish you would have done anything differently?                               

If you could go back and talk to your "younger self" about saving for retirement what would you say?

Could your employer have done anything different to help you save for retirement?

Are you ready for retirement?

Reflections in the Mirror

Download the full PDF of the 2014 plan participant study.

Complete Study


The survey was conducted between February 8 - 19, 2014. Respondents included full-time workers between ages 25 and 65, participating in their employer’s retirement plan for at least the past 5 years, intending to retire at some point and not working for the government. A total of 1,619 respondents completed the survey. Data was weighted to reflect the makeup of key demographics (income, gender and education) of all American private sector plan participants between 25 and 65 (according to estimates from the 2012 U.S. Consumer Population Survey). Data collection and analysis were completed by Mathew Greenwald & Associates, Inc., of Washington, D.C.

The opinions expressed are those of American Century Investments (or the portfolio manager) and are no guarantee of the future performance of any American Century Investments' portfolio. This material has been prepared for educational purposes only. It is not intended to provide, and should not be relied upon for, investment, accounting, legal or tax advice.