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Colorado Voters Support State Retirement Plan

The AARP 2019 Colorado Retirement Security Study explored the opinions of 600 registered voters ages 25–64 in Colorado on retirement saving issues. Data from this survey found strong support among registered voters for a state retirement savings program and most agree that elected officials in the state need to support legislation making it easier for workers to save for retirement.

Two-thirds of all respondents say they feel anxious about having enough money to live comfortably in retirement and are most are concerned about the negative impact of other expenses such as health care and cost of living on their retirement savings. Colorado registered voters surveyed are also concerned that some Coloradans may have inadequate savings and could end up relying on public assistance programs.

Considering that one in five registered voters say their employer does not offer a retirement savings plan, a state program would be well received, and the majority of these workers say they would take advantage of it.

This study was conducted February 28–March 11, 2018. The sample was drawn from a registered voter list. Half (300) of the interviews were conducted via landline phone and half were conducted via cell phone. All data are weighted by age, gender, and race/ethnicity according to March 2019 Colorado voter database statistics. For more information, please contact Jennifer Sauer at jsauer@aarp.org. Direct media inquiries to media@aarp.org.

 

Suggested Citation:

Sauer, Jennifer. 2019 AARP Survey of Colorado Registered Voters on Retirement Savings. Washington, DC: AARP Research, March 2019. https://doi.org/10.26419/res.00286.001

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