THE BIG PICTURE
To better understand some of the key concerns and decisions that impact retirement,
Voya Financial conducted an omnibus survey to gauge the opinions of Americans on a number of
topics related to where and how they want to live in retirement. Can you put the below responses in
correct order of importance for each survey question? Answers are on page 12. Good luck!
1) What expenses are you most worried
about in retirement?
b__ Non-mortgage debt
c__ Health care
d__ Day-to-day living
e__ Travel & entertainment
Voya’s survey was conducted by ORC international from February 25-28, 2016. A randomly selected sample of 1,001 men and women ( 18 years old and older) nationwide were interviewed by telephone —
half were conducted by landline and the other half by mobile. The margin of error for the sample of 1,001 is +/- 3. 1 percentage points at the 95% confidence level. Data was adjusted to consider the two
samples and then weighted by age, gender, region, race/ethnicity and education to be proportionally representative of the U.S. adult population.
2) Do you plan to stay where you are when you
retire or relocate, and why?
a__ Current home is ideal
b__ Relocate to more desirable location
3) What's the most important factor in deciding
where to live in retirement?
a__ Access to health care
c__ Size of home/property
d__ Family & friends
e__ Cost of living
f__ Proximity to amenities
g__ Type of housing
Do you plan to own or rent your home in retirement?
Do you currently own or
rent your home?
5) If you were given $300,000 toward
your retirement, how would you spend
the majority of the money?
b__ Potential health care needs
d__ Housing expenses
6) Do you plan to downsize or save up
for your dream home?
a__ Downsizing to more
cost effective home
b__ Saving up to
7) Do couples agree on where
to live in retirement?
b__ Do not agree
or have not
8) Do you currently have a mortgage?
a__ Access to the great outdoors
b__ Small town or suburb
c__ Urban environment
d__ Live near the coast