40% less confident
in their retirement1
The T. Rowe Price Retirement Savings and Spending Study is a nationally representative online survey of 401(k) plan participants and retirees. The survey has been fielded annually since 2014. The 2022 survey was conducted between June 24 and July 22. It included 3,895 401(k) participants, full-time or part-time workers who never retired, currently age 18 or older, and either contributing to a 401(k) plan or eligible to contribute and have a balance of $1,000+. The survey also included 1,136 retirees who have retired with a Rollover IRA or left-in-plan 401(k) balance. NMG Consulting conducts this annual survey on behalf of T. Rowe Price.
1How confident are you about retirement (on a scale of 0 to 10)? 22% of women ranked in the top 3 boxes (those who rated their confidence levels at 8, 9, and 10) versus 37% of men, a difference of 40%.