If Americans knew they were going to live to age 100, how would we have them plan for their futures differently?

By 2054, the number of Americans living to 100 and beyond is expected to grow fourfold, which means rethinking retirement planning to make sure that funds last through the extra years.1

74%
of consumers fear they'll run out of money before they run out of time.2
1 in 5
healthy couples retiring at 65 have at least one partner live beyond age 100.3
41%
is the chance consumers will run out of savings if their retirement is extended by just 5 years.3
7 in 10
retirement-age employees say access to lifetime income would help them feel more confident.4

Prepare your plan to support savers who enter the Century Club

It’s up to you to offer a retirement plan that helps savers plan for a long life. An in-plan lifetime income fund offers a pension-like income that can make a difference in retirement savers’ readiness for an extended retirement.5 The fund can provide:

  • Income savers can count on for the rest of their life
  • Income that is protected and isn’t dependent on market conditions
  • Growth opportunity, so savers still have the ability to grow their funds to and through retirement

Learn more about lifetime income funds available in retirement plans

For financial professionals

For plan sponsors

Century Club resources

Bring focus to longevity literacy

Use our infographic to learn more about longevity risk and using in-plan lifetime income funds as a potential solution to help employees address it.

Access the infographic

Help savers prepare for a longer retirement

Learn about the importance of longevity literacy and how it can help retirement savers prepare for an extended retirement.

Access the 1-pager

[1] U.S. Census Bureau.

[2] Nationwide Retirement Institute consumer survey (2025).

[3] “Retirement Longevity Planning: An Expert’s Perspective,” The American College of Financial Services, https://www.theamericancollege.edu/knowledge-hub/research/retirement-longevity-planning-expert-perspective (May 13, 2025).

[4] “Protected Retirement Survey Report,” conducted by Edelman Data x Intelligence for the Nationwide Retirement Institute (August 2024).

[5] This term refers to the similarity between Nationwide’s Protected Retirement income solutions and a traditional pension plan in the sense that both can provide a stream of income for participants’ lives. It’s important to note that these solutions are not pensions. The term “pension-like” is used solely to illustrate the income feature of the solutions and does not imply any other characteristics typically associated with pensions.

Guarantees are subject to the claims-paying ability of the issuing insurance company.

Provisions of these options may vary based on plan selection and/or by state regulation. These investment options may not be available in all states.