This is a exchange of Goldman Sachs and I'm Allison Nathan a senior strategist in Gohmanzak's research.

Today we're going to discuss a topic that affects all of us, retirement.

We'll talk about how we can save enough for retirement,

when we can retire, and how we should spend down our savings once we're in

retirement. To get some answers on all of this I'm joined by Mike Moran a pension

strategist in Goldman Sachs Asset Management. Mike, welcome to the program.

Thanks for having me, Allison. Mike, you to the program. Thanks for having me, Allison.

Mike, you and your team just released your inaugural retirement survey, which interviewed working and

retired individuals across ages and generations.

Just to that point, Mike,

I think it would be useful to understand

who was the pool that participated in the survey.

So we surveyed over 1,200 participants

and we intentionally broke that up between currently working participants

and those in retirement.

And part of the reason we wanted to do that is we wanted to see what lessons could be learned from those who have already gone through retirement.

So currently working employees, they're saving for retirement, they're trying to think about

when am I going to retire, how much do I need to retire, but they haven't gone through it yet.

Well, let's talk to the people who have actually gone through it and say, what was your

expectation and now how was it actually played out in retirement?

So a lot of the focus of the survey was looking at

participants and kind of comparing and contrasting those currently working versus

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