AARP 2018 Tennessee Retirement Security Survey of Registered Voters

The AARP 2018 Tennessee Retirement Security Study was a telephone study among 500 registered voters age 18-64 in Tennessee on retirement savings issues.

Survey findings show that many Tennessee registered voters age 18-64 who are in the workforce do not feel financially prepared for retirement.  Cost-of-living increases and health care expenses can make saving for retirement a challenge for many workers. 

Key findings include the following:

• Over half (56%) of all registered voters feel they are behind schedule for planning and saving for retirement. 

• Two thirds of respondents feel anxious (67% very/somewhat) about having enough money for retirement.
  
  
• Over three in four (77%) support a state retirement savings plan to help Tennessee residents save for retirement through a private-public partnership.
  
  
• Most agree that Tennessee lawmakers should do more to make it easier for Tennessee small business owners to offer a way for employees to save for retirement.

Interviews were conducted January 11 through January 17, 2018. Sample was drawn from a  registered voter list. 50% of interviews were conducted via landline phone and 50% of interviews were conducted via cell phone.  The margin of error is +/- 4.36%.  For more information contact Jennifer Sauer at JSauer@aarp.org.