What does it all mean?
Savings Progress: Amount saved for retirement as a percent of total estimated need. This number also reflects adjustments based on age and number of savings years remaining to age 65.*
Savings Score: Amount saved for retirement as a multiple of annual household income.*
Savings Progress: Americans have saved just 39% of what they think they will need for retirement.
Savings Score: Americans have, on average, saved 2.42 times their annual income.
Click here to download a complete state-by-state listing.
*Based on the answers to these questions from VOYACompareMe.com:
- How much have you saved for retirement?
- Approximately how much do you think you will need to save to live the life you expect in retirement?
- Annual household income (mid-point of selection ranges used) (required answer to enter the site)
People living in
Have saved times their annual income
Click to see how people in each state are
progressing toward their retirement savings goals.