Montana Voters Support State Retirement Savings Plan

The AARP Montana Retirement Security Study explored the opinions of 600 registered voters ages 25-64 in Montana on retirement savings issues. Most voters said that they would take advantage of a state retirement savings program, if one were offered. They also agree that elected officials in the state need to support legislation that enables workers to save for retirement.

Montana voters believe saving for retirement is important, but one in four noted that their employer does not provide a retirement savings program, and well over half say they feel anxious about having enough money to live comfortably after they retire. They are also concerned that cost of living expenses will have a negative impact on their retirement savings and that some Montana residents might end up relying on public assistance programs because they do not have adequate retirement savings. Given these circumstances, a state program would be well received. 

Research interviews were conducted in March 2019. The sample was drawn from a registered voter list. Half (300) of the interviews were conducted via landline phone and half (300) were conducted via cell phone. All data are weighted by age and gender according to March 2019 registered voter database statistics for Montana.

For more information on this issue in Montana, please contact Tim Summers at tsummers@aarp.org. For information on the survey, please contact Jennifer Sauer at jsauer@aarp.org. For media inquiries, please contact media@aarp.org.