The data describes the reasons for starting to save for retirement in the U.S. in 2017. It was found that 26% of the respondents started to save for retirement because they turned a certain age.
I turned a certain age | 26 |
My employer offered a matching contribution to its retirement plan / pension | 24 |
My employer started paying into a retirement plan/ pension for me | 22 |
No particular reason | 16 |
I started my first job | 15 |
I started a family | 15 |
I was automatically enrolled into my employer's retirement plan pension | 14 |
I got married | 13 |
I got a promotion /pay raise | 11 |
I started a new (not first) job | 11 |
I bought my first home | 9 |
Other reason | 8 |
I got separated / divorced | 8 |
I paid off my student loan | 7 |
I lost my job | 6 |
Can't remember | 3 |