Aging & Work Facts Database
Now, for a limited time, the Center on Aging & Work is making this resource available publicly before granting exclusive access to Center Partners & Affiliates, and members of the Center’s research team.
Features of the Aging & Work Facts Database include:
• individual facts searchable by topic
• brief descriptions of studies connected to facts
• powerpoint-ready graphics
• full citations, for those interested in locating the statistic’s source
During this initial period of Beta-testing we welcome your feedback.
After July 1, 2008, Aging & Work Facts will be accessible only through a password protected web page, with exclusive access given to Center Partners, Employer Affiliates, and members of the Center Research Team. For more information on how to become a Partner or Employer Affiliate, please contact agework@bc.edu.
KEYWORD Search Tips:
• Enter one or more keywords in the search box below. Using “and” between keywords is not necessary. To find only facts with graphs, include the word “graph” in your search.
• If you use more than one word in the search box and no results appear, try removing one or more of the words.
• If no results appear, you may try alternate forms of the word (for example, if "marriage" does not work you may try "marital")
• To view the facts relevant to your search, click on “more” in the first item. Then use the “next” button to view each of the facts retrieved by your search.
• At this time, exact phrase searching is not available.
TOPIC Search Tips:
• Topics are arranged alphabetically. Scroll down to view topics, clicking on a topic to access facts of interest. To view a specific fact, click “more.” Click the “next” button for additional facts on that topic.
• To view a print-ready file of all of the facts for a particular topic, scroll to the bottom of the results display.
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Retirement Planning
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- According to a 2002 Watson Wyatt report "...for future retirees, employers on average will contribute slightly more than 40 percent of premium with 10 years of service at reti... more
- "In March 2003, just under half of private industry employees participated in an employer provided retirement plan."... more
- According to the “A Work-Filled Retirement” survey, 21% of workers ages 55 and older planned to work part-time for interest or enjoyment, compared to 4% who planned to wor... more
- According to the 2007 EBRI Retirement Confidence Survey, in regards to employer-sponsored retirement investment advice, "two in 10 workers state they would be very likely to t... more
- "Although the majority of Americans appear to be persuaded about the need to set aside money to prepare for retirement, [the 2007 EBRI Retirement Confidence Survey] finds a sl... more
- In regard to the amount of money needed to cover costs of health care, prescription drugs and health insurance in retirement, "approximately 1 in 10 workers think they will ne... more
- According to a 2007 study of employee benefits trends, "only 5% of baby boomers (ages 41 to 60) and 11% of pre-retirees (ages 61 and over) say they have reached their goals fo... more
- According to a 2007 study of employee benefits trends, "pre-retirees [age 61 and over] are more likely (31%) than any other life-stage group to say they are significantly behi... more
- According to a 2007 study of employee benefits trends, "Women are more concerned about outliving their retirement money -- 62% versus 45% for males." Similarly, 57% of women r... more
- A 2006 report looking at median wealth among Early Baby Boomers (age 51-56) and adults over 50 in the Health and Retirement Study (HRS) found that people who did not plan for... more
- A 2006 article examining retirement saving behavior found that 27.5% of Early Baby Boomers (age 51-56 in 2004) are non-planners (meaning they have thought about retirement "ha... more
- According to the 2006 Retirement Confidence Survey, participation in employer-sponsored retirement plans could be enhanced by adding automatic options. A majority of employed... more
- According to a 2008 survey of small business owners, "68% of the business owners have set up a plan [for their own retirement] or are starting to create one, and seven in 10 a... more
- According to a 2008 Pew Research Center survey, three out of every four Americans say they aren't saving enough. By age group, 83% of adults aged 18-29 report that they ar... more
- According to a 2008 survey, "93% of employers offer some type of defined contribution (DC) plan, and only 30% offer a defined benefit (DB) plan. Almost 90% of employers have... more
- "Less than 1 percent of those earning $40-$60,000 contribute the maximum [to a 401(k) plan] compared to 58 percent for those earning $100,000 or more." (p.3)... more
- The 2005 Merrill Lynch New Retirement Survey of Baby Boomers found, "More than three-quarters of boomers see work as playing some part in their retirement." (p.6)... more
- The National Study of Employers, which surveyed workplaces with 50 or more employees, found that “employers in 2005 are less likely (81%) than employers in 1998 (91%) to mak... more
- According to the survey conducted by AARP, in 2003, "about eight in 10 (79%) Baby Boomers plan to work in some capacity during their retirement years, about the same as in 199... more
- "Few of the workers surveyed for this study moved to warmer climates once they started receiving retirement benefits-an issue of concern for government officials in northern i... more
- "When it comes to having enough money in retirement, aging Boomers (age 55-59) are the least confident of the bunch. About 44% are not confident they will have enough money to... more
- "When asked what they wish they had done differently in preparing for this stage of life, more than 62% of aging Baby Boomers (55-59) suggested better financial and/or retirem... more
- "When asked if their concept of 'retirement' had changed, 47% of older Boomers (age 55-59) said 'yes.' Roughly 44% said 'no,' and 8% were "not sure." (... more
- According to the "A Work-Filled Retirement survey, "nearly 7 in 10 workers expect to continue to work full time or part time following retirement from their main job, includ... more
- According to the "A Work-Filled Retirement" survey, "a substantial share of workers (35%) is currently saving nothing to supplement expected Social Security payments. When a... more
- According to the "A Work-Filled Retirement" survey, "the youngest and oldest worker cohorts--those under 35 and those 55 and older--are more likely than middle-aged workers to... more
- According to the "A Work-Filled Retirement" survey, "workers with college degrees (74%) outpace both those with either some college education (59%) and those with no more than... more
- According to the "A Work-Filled Retirement" survey, "older workers were the most likely to feel workers should be primarily responsible for their own retirement (48% of those... more
- According to the "A Work-Filled Retirement" survey, "almost 60% of employees still working in their primary job are currently eligible through their employer for a retirement... more
- "63 percent [pre-retirees] state that they plan to work at least part-time in retirement, and an additional 5 percent say that they never expected to retire, suggesting that a... more
- In a 2003 survey of workers between the ages of 50 and 70, 68% of the respondents stated they planned to work in retirement or never retire. (p.15)... more
- "In the 2001 Retirement Confidence Survey (RCS), when asked if they had saved for retirement, 69% of working women said yes, compared with 74 percent of working men." (Chart 5... more
- According to a 2008 report on the impact of a slowing economy by AARP, 25% of workers aged 45-54 have prematurely withdrawn funds from 401(k), IRA, or other investments, as ha... more
back to top
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| For a print-ready file of all statistics for this topic, click here.
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PDF format):
