A majority of American voters say they support government-funded savings accounts for children as Americans struggle to build retirement security.
FIRST ON FOX: For millions of Americans, retirement feels less like a milestone and more like a moving target, and a new BlackRock The survey finds that many are open to doing things differently.
About 30 percent of voters say they have no funds saved for their post-working years, and about 63 percent say they have less than $150,000 saved. Given this context, about 34% say they have difficulty paying an unexpected $500 bill right away.
Still, most voters say they’re open to renting retirement plans to invest in more than just stocks and bonds if it could help grow their savings. Respondents said they would consider options that include unlisted private companies, real estate and infrastructure projects such as data centers, energy and transportation.
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About one in three Americans have no retirement savings, according to a survey by BlackRock. (David Paul Morris/Bloomberg/Getty Images)
“People see capital markets working and people want more access to capital markets, and that’s critical,” Nick Nefouse, BlackRock’s global head of retirement solutions, told Fox News Digital. “The capital markets have done very well in the United States, not just in the last 10 years, but the last 150 years. The more people we can get into the capital markets, the more wealth we will generate across generations,” added Nefouse.
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Support goes beyond retirement plans. The survey also finds broad support for Trump accounts, a government-backed tax-advantaged baby savings account. The BlackRock poll shows that 71% of voters across the political spectrum support the concept. Support is strongest among younger generations, indicating growing interest in policies that help Americans build wealth earlier in life.

The Treasury estimates that a fully funded account would earn up to $1.9 million by age 28. (Tim Clayton/Corbis/Getty Images)
Asked about the popularity of Trump’s accounts, Nefouse said the strong support reflects a broader belief in long term investment and early wealth creation.
“I think this (Trump Account) really brings Americans together across party lines. You’re talking about having people with better education and more money when they’re younger to be able to build into these accounts as they get older,” he said.
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Trump’s accounts are expected to be available in mid-2026. (Rebecca Noble/Getty Images)
Trump accounts are designed to work like traditional long-term investment vehicles, but with rules specifically designed to protect young savers. To get the nest egg going, the federal government will deposit an initial $1,000 into each new account.
The program is expected to be available in mid-2026, with initial contributions after July 4, 2026. Parents of babies born between 2025 and 2028 can open an account by completing IRS Form 4547 or by registering through the online portal a TrumpAccounts.gov.







