2025 Workplace Survey on 401(k) Plan Participants

This report presents the findings of the 2025 Workplace Survey focused on 401(k) plan participants. Conducted by Logica Research, the survey gathered insights from 1,100 participants regarding their saving and spending habits amid market volatility and economic conditions. The report outlines the impact of inflation and market fluctuations on participants' financial behaviors, revealing that many are reducing purchases and opting for cheaper products. It also details the obstacles participants face in saving for retirement, with inflation being a significant concern. The survey indicates that a majority of participants expect to retire at age 66, slightly later than previous years, and they anticipate needing an average of $1.6 million saved for retirement. The findings highlight the reliance on 401(k) plans as the primary source of retirement income and the adjustments participants are making to their investment strategies in response to economic pressures. Additionally, the report discusses the importance of financial advice and the benefits participants prioritize when considering employment.