A new Goldman Sachs Asset Management plan sponsor survey reveals a striking disconnect between how employers view their workforce’s retirement readiness and how workers view themselves. Plan sponsors estimate that only 33% of employees are on track for retirement, while 68% of workers describe themselves as optimistic about their own preparedness — yet 58% of those same workers also believe they will outlive their savings. The survey, which drew on responses from 250 large-plan sponsors and data from more than 5,000 working and retired individuals, points to a retirement system under strain from competing financial priorities, insufficient personalization, and growing demand for guaranteed income options. Plan sponsors are actively rethinking plan design, with a majority considering changes to investment menus, advice services, and lifetime income integration over the next twelve months.