2023 BlackRock Read on Retirement

By Black Rock

If the pandemic taught us anything, it’s that burnout is real. Three years on, it turns out it’s not just a workplace side effect. BlackRock’s 2023 Read on
Retirement™️ survey reveals that financial burnout is on the rise – and one for employers to watch.

Today, only about half of workplace
savers feel on track to retire with the
lifestyle they want – a double-digit drop compared to last year and a worrisome trend since 2021. Encouragingly, though, this drop in confidence hasn’t translated to a decrease in saving rates – at least yet.

That’s why we think this moment
matters. By working across the industry, we can help boost retirement
confidence. But first, we have to
understand what’s driving the declines
in confidence – so we know where to
focus our efforts.

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