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U.S. Retirement Market Outlook

Three themes shaping the U.S. retirement landscape.
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2023 Defined Contribution Consultant Research Study

Our third annual study captures retirement views from the defined contribution consulting and advisory community.
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T. Rowe Price Target Date 20 Years of Shaping Future

Target Date 20th Anniversary

Celebrating our decades-long passion for helping turn retirement dreams into reality.
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Global Market Outlook

Tectonic shifts create new opportunities.
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Artificial intelligence: The new electricity

AI has the potential to be the biggest productivity enhancer to the global economy since the rise of electricity.
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Global Market Outlook

Tectonic shifts create new opportunities.
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2023 Defined Contribution Consultant Research Study

Our third annual study captures retirement views from the defined contribution consulting and advisory community.
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Compliance Support

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Qualified plan limits

In October 2023, the Internal Revenue Service released the 2024 dollar limits on certain benefits and contributions to retirement plans and IRAs.
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Stay current on the latest news: watch our legislative and regulatory webinars on demand.
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Market Setbacks Don’t Need to Set Back Retirement Plans

Workers not nearing retirement can—and mostly do—stay the course.

Our research shows that, generally, only workers nearing retirement should consider modest changes to their retirement savings plan given the recent pullback in the markets.

Pulling money out of the market or making other major changes in reaction to short-term market setbacks can pose long-term risks to retirement goals.

Retirement Saving with Lower Expected Returns

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Retirement Savers Are Staying the Course1

Over 95%

of 401(k) participants have not changed their investments

8.4%

Deferral rates have remained steady around 8.4%

1 in 5

401(k) participants have increased their deferral rate

1 Data as of January 1, 2022, through June 30, 2022, source: T. Rowe Price.

Some Areas of Concern:

A small number of 401(k) participants appear to be trying to time the market

Deferral rates have trended slightly lower as inflation has picked up

Source: T. Rowe Price.

What Can Plan Sponsors Do to Help?

Higher adoption of target date solutions in their plan lineup

Provide sustainable retirement planning tools

Provide emergency savings vehicles

Messaging to discourage market timing

See What Else Our Research Revealed:

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