2026 U.S. Retirement Market Outlook

This document is a report on the 2026 U.S. retirement market outlook, focusing on the evolving ecosystem shaped by regulatory changes, technological advancements, and the need for personalized advice solutions. It outlines three transformative themes: enhanced diversification in defined contribution (DC) plans, the impact of artificial intelligence (AI) on retirement services, and the increasing demand for tailored financial guidance. The report highlights the regulatory landscape aimed at closing coverage gaps for gig workers and independent contractors, emphasizing inclusivity in retirement security. It discusses the integration of private markets into DC plans and the role of technology in improving service delivery and participant engagement. The report also addresses the significance of one-on-one guidance in retirement planning, particularly as participants face complex financial decisions. Overall, it presents a comprehensive view of the challenges and opportunities within the retirement sector, underscoring the importance of adapting to these changes to enhance retirement outcomes for all stakeholders.