2018 Survey of Registered Voters in Arkansas about State Retirement Savings Program

Survey findings show that many Arkansas registered voters ages 18 to 64 who are in the workforce do not feel financially prepared for retirement.

Key findings include the following:

• Three in four (74%) Arkansas registered voters support a private-public managed state retirement savings option.
• Most (88%) agree that Arkansas lawmakers should support legislation that makes it easier for workers to save for retirement.
• Among those who report they are not offered a retirement savings plan at work, most (84%) would likely take advantage of a way to save if offered by their employer.
• Most (78%) are concerned about cost-of-living increases reducing their standard of living, with well over a third (37%) being very concerned.
• Most (89%) wish they had saved more money for retirement.

The AARP 2018 Arkansas Retirement Security Study was a telephone study among 500 registered voters ages 18-64 in Arkansas on retirement savings issues. Interviews were conducted March 26 - April 5, 2018. The sample was drawn from a registered voter list. Half (50%) of interviews were conducted via landline phone and half (50%) were conducted via cell phone. The margin of error is +/- 4.4%. All data is weighted by age and gender according to March 2018 Arkansas voter database statistics.

For more information contact  jsauer@aarp.org.

 

Sauer, Jennifer.  2018 Arkansas Retirement Security Survey. Washington, DC: AARP Research, May 2018.  https://doi.org/10.26419/res.00226.001