Workers are slowing retirement saving, cutting 401(k) contributions, and taking second jobs as housing, daily expenses, and debt payments pressure household budgets. More than 1 in 3 full-time workers and nearly half of Generation X say their jobs cover only current expenses or do not provide solid financial footing, according to a Goldman Sachs Asset Management retirement report. More than 60% are moonlighting with side gigs or contract work, mostly from financial need. The share who increased retirement contributions fell from 55% in 2025 to 39% in 2026, while the share reducing savings rose from 8% to 14%. Fewer people across all age groups said they were on track, and most expect to work longer than planned. Retirement planning remains associated with greater confidence: more than 7 in 10 people with a plan said savings were on track or better, compared with 3 in 10 without a personalized plan.