AARP Hearing Center
Survey findings show that Rhode Island small business owners (those with 0-100 additional employees) are concerned about their employees having enough money to retire.
![Downtown Providence, Rhode Island Showing Harbor, Small Business Owners, AARP Research Downtown Providence, Rhode Island Showing Harbor, Small Business Owners, AARP Research](https://cdn.aarp.net/content/dam/aarpe/en/home/pri/topics/work-finances-retirement/employers-workforce/2016-ri-small-business-owners-survey/_jcr_content/root/container_main/container_body_main/container_body1/container_body_cf/body_one_cf_one/par1/articlecontentfragmeImage1/cfimage.coreimg.75.932.jpeg/content/dam/aarp/research/surveys_statistics/econ/2017/Images/1140-rhode-island-small-business-survey-providence.jpg)
Key findings include the following:
- Rhode Island small business owners are concerned about employees having enough money to retire – two-thirds (65%) are very/somewhat concerned.
- Most small business owners say they support state legislation to create a basic, ready-to-go, privately-managed retirement plan for employees.
- The majority of small business owners agree that Rhode Island lawmakers should support a plan to make it easier for small business owners to offer their employees a way to save for retirement.
- Most Rhode Island small business owners agree that being able to offer a voluntary, portable retirement plan would help small businesses attract and retain quality employees and stay competitive.
The AARP 2016 Rhode Island Small Business Owner Work and Save Study was a telephone study among 459 small business owners or decision makers about employee benefits at companies with 0-100 additional employees within the state of Rhode Island. Interviews were conducted October 25-November 15, 2016. Sample, including owner names and companies, came from a Dun & Bradstreet business list. For more information contact Jennifer Sauer at JSauer@aarp.org.