64% of Americans Fear Outliving Their Money More Than Death, Led by 70% of Gen X

1 articles · Updated · Thought Catalog · Sep 6

A new Allianz retirement study found 64% of Americans would rather face death than run out of money, with anxiety highest among Gen X at 70%, followed by millennials at 66% and boomers at 61%.
Inflation, low Social Security payouts and high taxes drove the fear, according to the 2025 survey of 1,000 adults age 25 and older earning at least $50,000.
Only 23% have discussed those worries with a financial professional, even as 62% said they are not saving as much as they want.
Day-to-day costs, credit card debt and housing debt were the main barriers, underscoring how retirement insecurity is being shaped by current household finances as much as by long-term planning.

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If 70% of Gen X fears outliving their money more than dying, are financial institutions inflating retirement targets just to sell products?

Why are millions of anxious Americans paralyzed into taking zero action on their retirement, even when a massive six-figure shortfall looms?

With 42% of people retiring earlier than planned, what hidden strategy can protect your savings from an unexpected forced exit?

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