This statistic presents the reasons employees gave for not participating in their company-sponsored retirement plan in the United States in 2017. At that time, 19 percent of respondents indicated that they planned to save for retirement in ways other than their employer's plan.
Motivations for opting out of a retirement plan in the United States in 2017
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Transamerica Center for Retirement Studies. (June 1, 2018). Motivations for opting out of a retirement plan in the United States in 2017 [Graph]. In Statista. Retrieved March 15, 2025, from https://www.statista.com/statistics/941612/motivations-for-opting-out-of-a-retirement-plan-usa/?__sso_cookie_checker=failed
Transamerica Center for Retirement Studies. "Motivations for opting out of a retirement plan in the United States in 2017." Chart. June 1, 2018. Statista. Accessed March 15, 2025. https://www.statista.com/statistics/941612/motivations-for-opting-out-of-a-retirement-plan-usa/?__sso_cookie_checker=failed
Transamerica Center for Retirement Studies. (2018). Motivations for opting out of a retirement plan in the United States in 2017. Statista. Statista Inc.. Accessed: March 15, 2025. https://www.statista.com/statistics/941612/motivations-for-opting-out-of-a-retirement-plan-usa/?__sso_cookie_checker=failed
Transamerica Center for Retirement Studies. "Motivations for Opting out of a Retirement Plan in The United States in 2017." Statista, Statista Inc., 1 Jun 2018, https://www.statista.com/statistics/941612/motivations-for-opting-out-of-a-retirement-plan-usa/?__sso_cookie_checker=failed
Transamerica Center for Retirement Studies, Motivations for opting out of a retirement plan in the United States in 2017 Statista, https://www.statista.com/statistics/941612/motivations-for-opting-out-of-a-retirement-plan-usa/?__sso_cookie_checker=failed (last visited March 15, 2025)
Motivations for opting out of a retirement plan in the United States in 2017 [Graph], Transamerica Center for Retirement Studies, June 1, 2018. [Online]. Available: https://www.statista.com/statistics/941612/motivations-for-opting-out-of-a-retirement-plan-usa/?__sso_cookie_checker=failed
