T. ROWE PRICE'S INAUGURAL GLOBAL RETIREMENT SURVEY FINDS ONE-THIRD OF SAVERS EXPECT TO WORK IN RETIREMENT

Core Insights - T. Rowe Price's Global Retirement Savers Study reveals that nearly 34% of retirement savers globally expect to work part-time after retirement, with the highest expectation in the U.S. at 37% [1][2] - Economic uncertainty is prevalent among savers, with 50% anticipating a recession by mid-2026 and inflation being a top concern for 42% of respondents [2][5] - The study highlights a significant gender gap in retirement confidence, with only 31% of respondents expecting to live as well or better in retirement, and single women reporting the lowest confidence levels [5] Economic Outlook - Economic pessimism is highest in Japan and Canada, where 62% and 56% of respondents foresee a recession, while savers in the U.S., Australia, and the UK show more optimism [5] - The survey indicates that retirement optimism is low worldwide, with significant variations in confidence levels across different regions [5] Financial Confidence and Resources - About one-third of global retirement savers express excitement for retirement, which correlates with stronger financial footing and higher earnings [5] - Workplace resources and human advisors are the most relied-upon sources of financial advice, particularly in the U.S., while Japanese respondents tend to self-direct more [5]