Business Wire·Nov 12, 2026, 4:15 PM ET

Morningstar Research Projects Universal Automated Savings Policies Could Improve Retirement-Income Adequacy

Morningstar released a report titled "From Access to Adequacy: Modeling Universal Automated Savings" analyzing federal savings policies.
A modeled policy scenario projects retirement expense coverage for Gen Z, millennial, and Gen X households could rise from 59% to 67%.
The policy scenario includes expanded savings access, broader automatic enrollment, periodic reenrollment, and an expanded Saver's Match.
Younger households show the largest projected gains, with retirement readiness rising by 12 percentage points for Gen Z, 10 for millennials, and 5 for Gen X.
Lower- and middle-income households are projected to see larger improvements in retirement adequacy compared to higher-income households.
Sensitivity analyses confirm that no single provision drives the results, though magnitude varies with assumptions like opt-out rates or preretirement withdrawals.
Morningstar serves investors across the ecosystem with over $3.6 trillion linked to its indexes.
Morningstar's investment advisory subsidiaries held approximately $398.7 billion in assets under management as of September 30, 2026.
The press release includes standard forward-looking statements regarding risks such as market volatility, regulatory changes, cybersecurity, and technology adoption.