Did You Know? | Summer 2026

• More than 4.1 million Americans are turning 65 every year through 2027. This demographic wave represents the largest surge of Americans reaching traditional retirement age in history and is reshaping retirement planning in the U.S.*
  
  
• Target-date funds held approximately $4.8 trillion in assets at the end of 2025, making them the dominant default investment option in defined contribution retirement plans.**
  
  
• About 54 million private-sector workers still lack access to an employer-sponsored retirement plan, underscoring the critical role employers play in expanding retirement security.***

*Alliance for Lifetime Income

** Morningstar

*** Employee Benefit Research Institute