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70% Fear Outliving Money Over Death, Survey Finds

5/7/2026

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Summary

Allianz Study Warns Retirement

A new Allianz study found about 70% of Americans fear running out of money in retirement more than death.
The survey showed 67% named money as top concern, driven by inflation and rising healthcare costs, leading Americans to expect to work about four years longer.
Elise Murphy warned that fixed incomes lose purchasing power and advised using high-yield savings accounts, certificates of deposit and Roth IRAs.

Summary

Renters Struggle

65% of working-age renters cannot cover monthly expenses after housing costs, Harvard’s Joint Center for Housing Studies reports.
26% of the workforce sought help with emergency savings, debt repayment and financial wellness, up from 13% in 2023, Bank of America survey finds.
Nearly half of renters were cost-burdened in 2024, spending over a third of income on housing and utilities, U.S. Census data show.

Summary

Americans Skip Planning

Nearly 50% of Americans lack a written financial plan, adding to financial stress and confusion.
People with a written plan are more than twice as likely to feel secure about retirement.
About 34% of Americans pull money out of investments when the market falls, increasing long-term risk.
More than 80% of employees are interested in guaranteed monthly-income products such as annuities for retirement stability.

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Allianz Study Warns Retirement

A new Allianz study found about 70% of Americans fear running out of money in retirement more than death.
The survey showed 67% named money as top concern, driven by inflation and rising healthcare costs, leading Americans to expect to work about four years longer.
Elise Murphy warned that fixed incomes lose purchasing power and advised using high-yield savings accounts, certificates of deposit and Roth IRAs.

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