28th May 2014

2014 Aegon Retirement Readiness Survey Published

Aegon released the findings of the 2014 Aegon Retirement Readiness Survey, one of the largest surveys of its kind, with 16,000 respondents spanning 15 countries in the Americas, Europe and Asia.

The survey is conducted in collaboration with Aegon,Transamerica Center for Retirement Studies, andCicero Consulting.

The results show that people have clear concerns about their retirement. They do not feel sufficiently prepared and, worryingly, they are not acting on it, despite an improving economy.

Survey highlights

• Despite the improving economy people still have little confidence that they will be able to retire with a lifestyle they consider comfortable.
• There is a strong need for people to save for their retirement. This is underlined by the Aegon Retirement Readiness Index score of just 5.8 out of 10.
• People expect to work longer and the report advocates that flexibility will become the new model for retirement. Only 32% of employees now expect to stop work completely at retirement age

For further information about the Aegon Retirement Readiness Survey, please visitwww.aegon.com/research

Retirement