More Americans worried about running out of money than death: Survey
The survey found 67% worry more about outliving savings than death as rising care costs and Social Security concerns weigh on retirement planning.
- As of May 2026, new data shows that the fear of financial insolvency has reached a record high, with more Americans now terrified of outliving their savings than of their own mortality.
- According to the 2026 Annual Retirement Study by Allianz Life, released in late April, 67% of Americans say they worry more about running out of money in retirement than they do about death. This is a significant jump from 57% in 2022 and 63% in 2024.
- Generation X is the most stressed age group, with 73% fearing financial ruin over death, compared to 69% of Millennials and 59% of Baby Boomers.
- The primary triggers for this "money over mortality" fear include persistently high inflation , rising healthcare costs , and growing concerns over the insolvency of Social Security.
- The anxiety is so acute that 50% of respondents admit to checking their retirement accounts immediately after any market decline, while 34% say they have panic-withdrawn funds to avoid further losses.
11 Articles
11 Articles
Survey Finds Americans Fear Running Out of Money Most
New York City, New York — A growing number of Americans say financial insecurity now worries them more than death itself, according to a new survey highlighting persistent economic stress despite easing inflation rates. The survey, conducted by Allianz Life Insurance Company North America, found that nearly 70% of Americans fear running out of money more than dying. Generation X reported the highest level of concern at 73%, followed by millennia…
Study: Retirees worry about running out of money
(CNN)– A record number of retirees worry more about running out of money than death. That’s according to the annual retirement study from Allianz Center for the Future of Retirement. It says 67% of respondents named money as their top concern. The study says inflation and healthcare costs are the biggest contributors to their fears. The survey indicates just under half of don’t have written financial plans. It shows just over half worry when st…
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