Morningstar Research Projects Universal Automated Savings Policies Could Improve Retirement-Income Adequacy
Business Wire•12/11/2026•16:15 ET
0
Key Highlights
- ➤Retirement adequacy projected at 67%, up from 59%, under modeled policies
- ➤Gen Z readiness rises 12 percentage points under universal automated savings
- ➤Millennial readiness rises 10 percentage points under modeled policy scenario
- ➤Gen X readiness rises 5 percentage points under modeled policy scenario
- ➤Morningstar modeled expanded access, automatic enrollment, reenrollment, and Saver's Match
Expert Statements
Spencer Look, Associate director of retirement studies, Morningstar Retirement
“Access to a retirement plan is important, but access alone does not guarantee that workers will participate, or save enough.”
Spencer Look, Associate director of retirement studies, Morningstar Retirement
“Our models show that automatic savings, could result in meaningful improvements to retirement security, especially for younger workers, and those disconnected from workplace retirement plans.”
Morningstar Research Projects Universal Automated Savings Policies Could Improve Retirement-Income Adequacy
Share of Gen Z, millennial, and Gen X households projected to cover expenses in retirement could rise 8 percentage points, from 59% to 67%
Get started
Create a free account to read the full story.