TEXAS

Redefining retirement in Texas – it’s all of our work.

A BlackRock survey found that most Texas voters support adding alternative assets to retirement plans, one-third have no retirement savings, and many are concerned about financial insecurity in retirement. See the numbers.

Texas voters and alternative investments for retirement

69% of Texas voters support policy efforts to expand retirement plan investment options, including in assets like real estate, infrastructure projects such as energy, transportation and data centers, and in private companies that do not trade on a public stock exchange.
image of 100 boxes, with 69% colored in yellow and 31% colored in black

Supporters of these policies include voters across a range of demographics

Across political affiliations:

81%
have less than $150K saved for retirement
61%
would have difficulty paying an unexpected bill for $500
57%
are more worried about running out of money in retirement than dying

Across income levels:

68%
 have less than $150K saved for retirement
67%
would have difficulty paying an unexpected bill for $500

Retirement outlook for Texas voters

1 out of 3 Texas voters has no retirement savings, including:

Three icones of people, one shaded yellow and 2 shaded black to display 1 out of 3
circle graphs showing 39% of women, 48% of people with high school degree or less, 50% of people age 18-34

Of Texas voters:

66%
have less than $150K saved for retirement 
35%
would have difficulty paying an unexpected bill for $500
58%
are more worried about running out of money in retirement than dying
67%
worry about their personal finances at least once a week

76% of retired Texas voters wish they had saved more money for retirement

image of 100 boxes, with 76% colored in yellow and 24% colored in black