In 2023, over a tenth of Americans were completely sure that they would outlive their retirement savings. While the share of people that were very likely to outlive their savings has decreased slightly between 2021 and 2023, the share of those that were completely sure that they would outlive their savings increased by the same amount during that period.
Probability of outliving savings in the United States from 2020 to 2023
Likelyhood of outliving savings
2020
2021
2022
2023
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Northwestern Mutual. (July 1, 2023). Probability of outliving savings in the United States from 2020 to 2023 [Graph]. In Statista. Retrieved September 16, 2024, from https://www.statista.com/statistics/945541/probability-that-retirees-will-outlive-their-savings/
Northwestern Mutual. "Probability of outliving savings in the United States from 2020 to 2023." Chart. July 1, 2023. Statista. Accessed September 16, 2024. https://www.statista.com/statistics/945541/probability-that-retirees-will-outlive-their-savings/
Northwestern Mutual. (2023). Probability of outliving savings in the United States from 2020 to 2023. Statista. Statista Inc.. Accessed: September 16, 2024. https://www.statista.com/statistics/945541/probability-that-retirees-will-outlive-their-savings/
Northwestern Mutual. "Probability of Outliving Savings in The United States from 2020 to 2023." Statista, Statista Inc., 1 Jul 2023, https://www.statista.com/statistics/945541/probability-that-retirees-will-outlive-their-savings/
Northwestern Mutual, Probability of outliving savings in the United States from 2020 to 2023 Statista, https://www.statista.com/statistics/945541/probability-that-retirees-will-outlive-their-savings/ (last visited September 16, 2024)
Probability of outliving savings in the United States from 2020 to 2023 [Graph], Northwestern Mutual, July 1, 2023. [Online]. Available: https://www.statista.com/statistics/945541/probability-that-retirees-will-outlive-their-savings/