How America Retires 2025

Turning complexity into clarity

Coming soon: Vanguard’s new research into America’s retirement journey

This year, roughly 4.2 million people will turn age 65.* These individuals, collectively the so-called silver tsunami, are preparing to leave working life behind and enter a fulfilling and rewarding retirement. Aren’t they? 

For some, yes. For others, perhaps not. 

That’s why we’ve created How America Retires, Vanguard’s new report that utilizes comprehensive data-based research to offer a complete view of the retirement landscape through the lens of defined contribution retirement plans.  

It shines a spotlight on participant behaviors, trends, insights, and plan design best practices to help today’s retirees confidently make the life-changing transition from saving their money to spending it.  

We wrote the book on retirement preparation with How America Saves. Now, How America Retires continues the story with a guide to help at least 4.2 million people begin a marvelous new chapter in their lives.

Look for How America Retires soon.

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Meanwhile, check out Vanguard’s library of other retirement-based thought leadership.
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*Lisa Camner McKay. Saving for Retirement in America. Federal Reserve Bank of Minneapolis, April 14, 2025.