As tax day approaches, 70% of Americans say they are concerned about taxes on their income in retirement, up from 66% last quarter, according to the Q1 2026 Quarterly Market Perceptions Study from the Allianz Center for the Future of Retirement, part of Allianz Life Insurance Company of North America.

The study, which was conducted online in February 2026 with a nationally representative sample of 1,005 adults age 18 and older in the contiguous United States, found that the increase is driven largely by Generation X.

More than three in four Gen X respondents (78%) said they are concerned about taxes details ⇒

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