Press release
T. ROWE PRICE'S INAUGURAL GLOBAL RETIREMENT SURVEY FINDS ONE-THIRD OF SAVERS EXPECT TO WORK IN RETIREMENT
New global study surveys workers across multiple regions, offering new insight into behaviors, priorities, and challenges of retirement savers
About this update from T. Rowe Price Group, Inc.
[{"type":"text","content":"New global study surveys workers across multiple regions, offering new insight into behaviors, priorities, and challenges of retirement savers worldwideBALTIMORE, Dec. 8, 2025 /PRNewswire/ -- T. Rowe Price, a global asset management firm and a leader in retirement, today announced the findings from its inaugural Global Retirement Savers Study, revealing that nearly 34% of retirement savers worldwide expect to work at least part-time after retiring. This expectation is most pronounced in the United States, where 37% of respondents anticipate working in retirement. This trend of \"unretiring\" is one the firm has been tracking closely, most recently in the U.S. and Hong Kong.\n \n \n \n \n \n \n \nThe global research, which surveyed more than 7,000 retirement savers in the United States, Australia, Canada, Japan and the United Kingdom, also surfaced economic and financial uncertainty among savers: 50% of respondents expect a recession by mid-2026, with inflation rated as a top concern (42%), as well as geopolitical events (30%) and interest rates (27%). Additionally, 17% believe they will run out of money in retirement and only 27% are confident that they could withstand a major financial shock while retired.\"Research is at the heart of everything we do,\" said Jessica Sclafani, global retirement strategist at T. Rowe Price. \"It helps us understand the evolving needs of retirement savers around the world. Longer life spans, financial uncertainty, and shifting expectations are redefining retirement—transforming it from a fixed destination to an evolving journey that demands new thinking from both savers and the industry. By studying these shifts in attitude, we can better understand what savers need today and empower them with the strategies and solutions that can build financial security, confidence, and optimism for the future.\"Additional key findings from the survey include:Economic outlooks vary sharply by region. Economic pessimism is highest in Japan and Canada, where 62% and 56% of respondents, respectively, foresee a recession. In contrast, savers in the U.S., Australia, and the UK are more optimistic, with less than half bracing for a near-term recession.Retirement optimism is low worldwide and confidence is deeply gendered. Only 31% of respondents expect to live as well or better in retirement. Pessimism is most pronou...