Those who save habitually for retirement have higher incomes than those who don't have the savings habit—and their incomes are considerably higher than the global average of habitual savers, too.
Those are some of the findings contained in new research from the Transamerica Center for Retirement Studies in collaboration with the Aegon Center for Longevity and Retirement.
The global study, titled "Inspiring a World of Habitual Savers: The Aegon Retirement Readiness Survey 2015," surveyed 16,000 workers across 15 countries around the world. Among other findings, the survey revealed that globally, those who are habitual savers do so on about $41,000 in annual earnings, while in the United States, habitual savers have an average annual income of $73,000.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.