PensionBee Finds Majority of Americans at Risk of Outliving Their Retirement Savings

Rhea-AI Summary

PensionBee (OTC: PBNYF) survey of 1,000 U.S. retirement savers (May 5, 2026) finds just 12% have savings to last more than ten years, while 13% could not survive one month. Women retire with 30–40% less savings; 37% of women can only survive one year.

Only 34% have a structured plan (66% lack one); plan holders report 79% retirement confidence versus 41% overall. Gen X shows acute shortfalls for multi‑decade retirements.

Positive

• 12% of savers have >10-year retirement savings
• Structured planning linked to 79% confidence
• 25% plan to use online retirement tools in 12 months

Negative

• 13% of savers could not survive one month
• Women hold 30–40% less retirement savings than men
• 66% of savers lack a structured retirement plan

AI-generated analysis. How Rhea-AI works. Not financial advice.

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NEW YORK, May 05, 2026 (GLOBE NEWSWIRE) -- Just 12% of U.S. retirement savers have enough set aside to last more than ten years, shows new PensionBee data. Even with retirement savings at record levels, the majority of Americans remain underprepared to fund a thirty-year retirement.

The nationally representative survey of 1,000 U.S. retirement savers found that a similar number (13%) could not survive one month on their funds. The data reveals starker disparities along gender lines.

The retirement gender gap

Women retire with 30 to 40% less savings than men due to the gender pay gap, caregiving responsibilities, and longer lifespans. This has created a notable rift in both funding and confidence.

• 37% of women can only survive one year on their retirement savings.
• Financial insecurity hits women harder, with 50% more women than men reporting less than one month of funds.
• Nearly 40% of men have a clear plan in place compared to just 29% of women.
• Only 36% of women feel confident about their retirement outlook, compared to nearly half of all men (47%).

“The odds are often stacked differently for men and women in many aspects of personal finance,” said Romi Savova, Founder and CEO of PensionBee. “The retirement gender gap is well established and reflects the downstream effects of several other gendered realities. Unfortunately, in many cases this may translate into women ending up with less money which is why a good plan is critical.”

Previous research by PensionBee found that taking a five-year career gap to care for young children or aging parents can cost over $345,000 in lost savings.

Structured planning doubles confidence

While 41% of Americans feel confident about retirement (the same as last year), nearly two-thirds (66%) lack a structured retirement plan. Among those with a clear plan, retirement confidence rises sharply to 79%. Meanwhile, one in four (25%) are putting money aside for retirement without a goal in mind.

Despite the positive relationship between action and confidence, the majority of savers feel their outlook is tied to factors beyond their control. Nearly seven in ten savers (68%) say that news out of Washington impacts their retirement outlook.

“Having a plan in place doubles retirement confidence,” added Savova. “What's most encouraging is that this kind of structure is within reach for everyone.”

Americans seek new ways to plan

Just 9% of respondents reported maxing out workplace retirement accounts in the last year, a notable drop from 14% last year.

Despite growing uncertainty, the data suggests Americans may be looking for ways to reclaim control. One out of four savers (25%) now plan to use an online retirement tool or calculator within the next 12 months to better understand their outlook.

Gen X is unprepared for 30-year retirement

While a 30-year retirement is increasingly the standard, only 17% of Americans expect to spend that much time in retirement. This uncertainty is widespread, with over a quarter (26%) of all savers admitting they have no idea how long their retirement will actually last.

For those closest to the finish line, the outlook is particularly precarious: one in five (19%) Gen X savers would run out of funds within three to five years if they stopped working tomorrow, while just 14% could survive six to ten years. More than twice as many Gen X savers report savings levels below the one-month mark (13%) as above the 20-year threshold (6%).

Full findings from PensionBee’s 2026 Q2 Happy Retirement Report available here.

About PensionBee

PensionBee (LON:PBEE; OTCQX:PBNYF) is a leading retirement savings provider, helping people easily consolidate, manage, and take control of their retirement savings. The company manages over $10 billion in assets and serves over 315,000 customers globally, with a focus on simplicity, transparency, and accessibility. PensionBee offers Traditional, Roth, SEP, and Safe Harbor IRAs with ETF-backed portfolios that include SPY and MDY from State Street Investment Management, one of the world’s largest asset managers. PensionBee is publicly traded on the London Stock Exchange (PBEE) with U.S. shares available on OTCQX (PBNYF).

Notes

The information provided in this announcement, including any projections for investment returns and future performance, is for informational and educational purposes only and should not be considered investment advice. Past performance is not indicative of future results. All investments carry risk, including the potential loss of principal. PensionBee is not liable for any losses or damages arising from the use of this information. Projections and forecasts are based on assumptions and current market conditions, which are subject to change.

Methodology

Participation Details: The survey data was gathered between April 9th and April 15th, 2026 and sent out by PensionBee to a total of 1,000 Americans over the age of 18. All respondents reported saving for retirement in either a workplace account or personal. The sample was provided by Attest, a research panel company. The margin of error for total respondents is +/- 3.1 percentage points at the 95% confidence level.‍

Voluntary Participation: Participation in the survey was voluntary. Respondents were free to decline participation or skip any questions they chose not to answer. Participants were not required to be PensionBee clients to participate and did not receive compensation for participation.

Investing involves risk.

Press Contact:
Press_US@pensionbee.com

^{PensionBee Inc. is registered with the Securities and Exchange Commission as an investment adviser. We do not provide in-person advice. PensionBee Inc (Delaware Registration Number SR20241105406 ) is located on 85 Broad Street, New York, New York, 10004.}

FAQ

How many U.S. savers have retirement funds lasting over ten years (PBNYF survey May 2026)?

Direct answer: 12% of U.S. retirement savers have funds to last more than ten years. According to the company, this figure comes from a nationally representative May 5, 2026 survey of 1,000 U.S. savers and highlights widespread shortfalls.

What does the PensionBee (PBNYF) data say about women’s retirement savings in 2026?

Direct answer: Women retire with 30–40% less savings than men, per the survey. According to the company, caregiving, pay gaps, and longevity drive the gap; 37% of women can only survive one year on savings.

How does having a structured retirement plan affect confidence, per PensionBee (PBNYF)?

Direct answer: Holders of a clear plan report 79% retirement confidence versus 41% overall. According to the company, structured planning correlates with higher confidence while 66% of savers lack such a plan.

What proportion of respondents could not survive one month on retirement savings in the PBNYF May 2026 survey?

Direct answer: 13% of respondents could not survive one month on their retirement funds. According to the company, this reflects acute shortfalls for a sizable minority despite record aggregate savings levels.

How prepared is Gen X for a 30-year retirement according to PensionBee (PBNYF)?

Direct answer: Only 17% of Americans expect a 30-year retirement and Gen X shows low multi-decade readiness. According to the company, 19% of Gen X would run out in three to five years if they stopped working.