Ready to Retire? The Voya Retire Ready Index™ assesses how ready working Americans and recent retirees are for retirement. Over 2,000 workers and retirees were surveyed and Index scores were created that measure readiness on a scale of zero to ten. What leads to retirement readiness? Require Most Action Scoring Key What do highest scorers do right? 0 2 68% created a complete financial plan Planning Having Highest Scorers 75% started saving as early as possible 7.4 78% specific strategy for investments Retirees Total average Index scores 4 Role Models 6 8 10 Planning sets apart high scores 83% more than $150K in savings Knowing Room for Improvement 68% Created financial plan that included retirement goals 77% Discussed retirement lifestyle a lot with spouse 81% 97% happy with financial security 7% Created financial plan that Had relationship with financial professional 81% relationship with financial professional Lowest Scorers included retirement goals 16% Discussed retirement 3.0 lifestyle a lot with spouse 16% Had relationship with 77% used web-based retirement calculator Total Score 5.5 99% contributed to workplace retirement plan Retirees Knowing financial professional 85% at least $100K in life insurance coverage 7.0 81% more than $50K in savings Planning 4.2 Having 75% tried to calculate how much income they will need to replace in retirement 5.3 0 82% specific strategy for investments Workers Retirees 10 Highest Scorers On average: knowledge does not equal readiness Total Score 4.1 7.0 Planning Having 0 Workers 5.8 Retirees 77% Used online resources 7% Had strategy for investments replacement ratio Lowest Scorers 10% Used online resources 5% Calculated income replacement ratio 3.0 3.5 10 68% knowledgeable about planning for retirement 31% had a written budget 43% more than $50K in savings 68% knowledgeable about planning for retirement 37% created a complete financial plan 52% have more than $150K in savings * Based on findings from two online consumer surveys of Workers and Retirees completed in July, 2014 with Greenwald & Associates, Inc. Each Index category was constructed to have a maximum possible score of 10 (responses were weighted based on factors selected by Voya, and weighting responses using alternative factors would yield different results). The three Index category scores were then averaged to determine a final average score for Workers and Retirees, respectively. Index scores do not reflect any single respondent’s experience. For more information visit go.voya.com/IndexReport CN-0315-12854-0417 for investments 75% Calculated Workers Knowing 82% Had strategy Workers 2.1