The outbreak of the coronavirus impacted the retirement savings in the United States during spring 2020. According to a survey conducted in May 2020, 18 percent stated that they were saving less than before the outbreak. Meanwhile, eight percent stated they were saving more than before.
Change in retirement savings due to coronavirus outbreak in the United States in 2020
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Statistics on Retirement saving in the United States
Overview
7
- Premium Statistic Household retirement savings in the U.S. 2020-2021, by amount
- Premium Statistic Retirement readiness index score in the U.S. 2012-2021
- Premium Statistic Savings and investments held by employees in the U.S. 2021
- Premium Statistic Share of households with IRAs or employer-sponsored retirement plans in the U.S. 2021
- Premium Statistic Value of retirement assets in the U.S. 1995-2021, by type
- Premium Statistic Accounts used for retirement savings in the U.S. 2021
- Premium Statistic Share of retirement account assets managed by mutual funds in the U.S. 1995-2021
IRAs
5
- Premium Statistic Total assets of traditional IRAs 2000 to 2021
- Premium Statistic Value of IRA assets in the United States 1995-2021, by investment type
- Premium Statistic Number of households with IRA in the U.S. 2021, by type
- Premium Statistic Share of households with IRAs in the U.S. 2021, by type
- Premium Statistic Value of assets invested in IRAs in the U.S. 2021, by type
Government retirement plans
3
DC plans
3
Saving patterns
6
- Premium Statistic Change in retirement savings due to coronavirus outbreak in the U.S. 2020
- Premium Statistic Adults with any retirement savings in the U.S. 2021, by age group
- Premium Statistic Accounts used for retirement savings in the U.S. 2021
- Premium Statistic Expected main source of retirement income in the U.S. 2021
- Premium Statistic Drivers for starting to save for retirement in the U.S. 2020-2021
- Premium Statistic Retirement savings by age U.S. 2020
Retirement confidence
7
- Premium Statistic Retirement confidence after the coronavirus pandemic in the U.S. 2020
- Basic Statistic Retirees' confidence about having enough money in retirement in the U.S. 2021-2022
- Basic Statistic Percentage of retirees working for pay in the U.S. 1999-2022
- Premium Statistic Retirees' confidence to pay medical expenses in retirement U.S. 2021-2022
- Basic Statistic Workers' confidence about having enough money in retirement in the U.S. 2021-2022
- Premium Statistic Workers' confidence about financial preparation for retirement in the U.S. 2022
- Premium Statistic Retirees' confidence about financial preparation for retirement in the U.S. 2022
Further related statistics
17
- Confidence of being able to live a comfortable retirement in Spain as of 2017
- Confidence of being able to live a comfortable retirement in Poland as of 2017
- Prospects of achieving the retirement income target in Germany in 2020
- Prospects of achieving the retirement income target in Poland in 2020
- Confidence of being able to live a comfortable retirement in Germany as of 2017
- Saving for retirement according to Hungarian adults in 2020
- Retirement saving frequency in India 2018
- Capitalization of listed property investment companies in France 2007-2019
- Retirement saving planning in India 2018
- New activities during retirement in the U.S. 2014
- Steps taken to prepare for retirement in the U.S. 2014
- Percentage of workers who don't participate in retirement plans in the U.S. 2015
- Distribution of workers with access to retirement plans in the U.S. 2018, by plan
- Reasons for saving money in Sweden 2018, by age group
- Important factors when choosing private funds in Sweden 2018, by gender
- Share of Americans living abroad by where they plan to retire 2019
- Attitudes towards digital platforms for investments in Australia 2020
Further Content: You might find this interesting as well
Statistics
- Confidence of being able to live a comfortable retirement in Spain as of 2017
- Confidence of being able to live a comfortable retirement in Poland as of 2017
- Prospects of achieving the retirement income target in Germany in 2020
- Prospects of achieving the retirement income target in Poland in 2020
- Confidence of being able to live a comfortable retirement in Germany as of 2017
- Saving for retirement according to Hungarian adults in 2020
- Retirement saving frequency in India 2018
- Capitalization of listed property investment companies in France 2007-2019
- Retirement saving planning in India 2018
- New activities during retirement in the U.S. 2014
- Steps taken to prepare for retirement in the U.S. 2014
- Percentage of workers who don't participate in retirement plans in the U.S. 2015
- Distribution of workers with access to retirement plans in the U.S. 2018, by plan
- Reasons for saving money in Sweden 2018, by age group
- Important factors when choosing private funds in Sweden 2018, by gender
- Share of Americans living abroad by where they plan to retire 2019
- Attitudes towards digital platforms for investments in Australia 2020
Bankrate. (May 27, 2020). Change in retirement savings due to coronavirus outbreak in the United States in 2020 [Graph]. In Statista. Retrieved January 29, 2023, from https://www.statista.com/statistics/713834/retirement-savings-change-due-to-coronavirus-outbreak-usa/
Bankrate. "Change in retirement savings due to coronavirus outbreak in the United States in 2020 ." Chart. May 27, 2020. Statista. Accessed January 29, 2023. https://www.statista.com/statistics/713834/retirement-savings-change-due-to-coronavirus-outbreak-usa/
Bankrate. (2020). Change in retirement savings due to coronavirus outbreak in the United States in 2020 . Statista. Statista Inc.. Accessed: January 29, 2023. https://www.statista.com/statistics/713834/retirement-savings-change-due-to-coronavirus-outbreak-usa/
Bankrate. "Change in Retirement Savings Due to Coronavirus Outbreak in The United States in 2020 ." Statista, Statista Inc., 27 May 2020, https://www.statista.com/statistics/713834/retirement-savings-change-due-to-coronavirus-outbreak-usa/
Bankrate, Change in retirement savings due to coronavirus outbreak in the United States in 2020 Statista, https://www.statista.com/statistics/713834/retirement-savings-change-due-to-coronavirus-outbreak-usa/ (last visited January 29, 2023)
Change in retirement savings due to coronavirus outbreak in the United States in 2020 [Graph], Bankrate, May 27, 2020. [Online]. Available: https://www.statista.com/statistics/713834/retirement-savings-change-due-to-coronavirus-outbreak-usa/