AARP Utah unveiled a statewide survey that showed a growing concern over retirement savings in the state. The survey, Making Retirement a Reality: Helping Utahns Age 25-64 Save and Take Control of Their Future, engaged 1,000 Utahns age 25-64 and found that 85 percent wish they were able to save more money for retirement and 77 percent support the idea of a state-created retirement plan for those who lack access at their place of work. One in six of those surveyed has less than $5000 in savings. Currently in Utah, 53 percent of private sector workers [1] – and 21 percent of those surveyed -- do not have access to a retirement savings plan at their place of work. The results were presented during AARP Utah’s Democracy Day event at the Utah State Capitol on February 12.
AARP is working to ensure you have the resources and tools you need to take charge of your future by offering free and unbiased information as you work, plan and save for the real possibility of long-term financial security. Whether you are looking for information on Social Security, finding a job or starting a business, saving and planning, investing, and more, these financial publications are valuable resources that include a helpful “to-do” list of action steps.