Americans Now Fear Running Out of Money MORE than Death!

Welcome to a new week here on the Retirement Quick Tips podcast! I’m your host, Ashley Micciche.

Nearly two in three Americans (64%) worry more about running out of money than death, according to the 2025 Annual Retirement Study from the Allianz Center for the Future of Retirement.

 

Some of the key findings in the study:

• 62% say they are not saving as much for retirement as they would like

• 54% say inflation contributes to their fear of running out of money

• This fear is most prominent among Gen Xers (70%) who are in their 40s and 50s and fast approaching retirement. Millennials aren’t far behind…66% of them fear running out of money more 

• Boomers - the youngest of whom just turned 60 last year and who are now mostly retired, curiously had the lowest fear % of the generations approaching or in retirement - yet (61%) of Boomers are still more afraid of running out of money than they are of dying. 

 

This week on the podcast, I’ll be talking about…ways you can reduce this fear in your own situation.