PENNSYLVANIA

Redefining retirement – it’s all of our work.

According to a BlackRock survey, most voters in Pennsylvania—regardless of political affiliation—agree there is a serious retirement savings problem. Many retirees wish they had put away more money, and most are often concerned about their financial security and the possibility of outliving their savings. See the numbers.
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Retirement concerns consume many Pennsylvania voters.

82% of Pennsylvania voters feel there is a retirement savings crisis in our country. This includes:

74%
of Republican voters
93%
of Democratic voters
79%
of voters with a high school degree or less
86%
of voters who make less than $60,000 a year
89%
of voters living in union households

63% of Pennsylvania voters worry about their finances at least once a week, including:

62% of voters from Philadelphia, 65% of voters from Pittsburgh, 75% of Gen Z voters
56%
of Pennsylvania voters feel they will have a more secure retirement than their parents.
51%
of Pennsylvania voters are more worried about running out of money during retirement than dying.

A third of all Pennsylvania voters have no retirement savings including:

58%
of voters in households making $60,000 or less
50%
of voters of color
49%
of Gen Z
44%
of voters with a high school education or less
37%
of women
36%
of millennials

of Pennsylvania voters have less than $50,000 saved for retirement.
54%