About the Study
This survey was conducted online within the U.S. by The Harris Poll on behalf of MetLife between November 16 and December 15, 2021 among 1,911 U.S. adults between the ages of 50-75 who were either retired or within five years of retiring. The study included 907 “retirees” who were defined as adults who are retired and had a balance of $25,000 or more in a defined contribution (DC) plan (e.g., 401(k), 403(b), 457, Thrift Savings Plan) when they retired and withdrew all or a portion of that balance or receive monthly annuity payments of $500 or more from a DC plan. This summary includes notable comparisons to the 2017 Paycheck or Pot of Gold Study when looking at the retiree segment.
The study also included 1,004 pre-retirees, who were defined as adults who are planning to retire within five years but are currently employed full-time, currently enrolled in an employer’s defined contribution plan, and know what type of defined contribution plan they have through their employer.
Data for retirees and pre-retirees were weighted separately on education, age, gender, race/ethnicity, region, household income, household size, and marital status, where necessary, to bring them into line with their actual proportions in the population. Propensity score weighting was used to adjust for respondents’ propensity to be online.
About The Harris Poll
The Harris Poll is one of the longest-running surveys in the U.S., tracking public opinion and social sentiment since 1963. Harris is a global consulting and market research firm that delivers social intelligence for transformational times, working with clients in building corporate reputation, brand strategy and performance tracking, and earning organic media through public relations research. Its mission is to provide insights and advisory to help leaders make the best decisions possible. Learn more by visiting harrispoll.com and follow on Twitter and LinkedIn.
MetLife, Inc. (NYSE: MET), through its subsidiaries and affiliates (“MetLife”), is one of the world’s leading financial services companies, providing insurance, annuities, employee benefits and asset management to help individual and institutional customers build a more confident future. Founded in 1868, MetLife has operations in more than 40 markets globally and holds leading positions in the United States, Japan, Latin America, Asia, Europe and the Middle East. For more information, visit www.metlife.com.