A financially secure retirement is out of reach for millions of American workers and small business owners. Retirement savings plans can be costly to operate and challenging to manage leaving many workers and small business owners without access to a way to save for retirement. To help workers better prepare for their retirement, AARP is supporting states in their efforts to create and implement a state retirement savings option. Such an option would enable businesses to offer employees a way to save out of their regular paycheck. These public-private managed programs would be easy for employers to set up, with low costs and low risks to the employer and the state.
- Most (88%) Kansas voters agree that state lawmakers should support legislation that makes it easier for workers to save for retirement.
- More than half (56%) of Kansas voters are anxious about having enough money to live comfortably in their retirement years, and more than 2 in 5 (43%) believe they are behind schedule in planning and saving for retirement.
- More than one in ten (13%) registered voters say their employer does not offer a retirement savings plan, and most (85%) would likely enroll in one if it were offered.
This survey was commissioned by AARP in Kansas to gauge the support of registered voters for a state retirement savings program. The sample of 613 registered Kansas voters ages 25 to 64 was drawn from a registered voter list. About half (302) of the interviews were conducted via landline phone and about half (311) were conducted via cell phone. The survey was fielded in July 2019. All data are weighted by age, gender, and race/ethnicity according to the June 2019 Kansas state voter database statistics.
Sauer, Jennifer. Kansas Retirement Savings Program: A Survey of Registered Voters Ages 25 and Older. Washington, DC: AARP Research, November 2019. https://doi.org/10.26419/res.00334.001