diff --git a/CHANGELOG.md b/CHANGELOG.md
index 01c59d856..76f425b61 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -7,6 +7,7 @@
 ##### Enhancements
 
 - Unused import detection is now enabled by default.
+- Added the `--retain-encodable-properties` option to retain all properties on `Encodable` types only.
 
 ##### Bug Fixes
 
diff --git a/Sources/Frontend/Commands/ScanCommand.swift b/Sources/Frontend/Commands/ScanCommand.swift
index fd3ea5d14..ccf9fb582 100644
--- a/Sources/Frontend/Commands/ScanCommand.swift
+++ b/Sources/Frontend/Commands/ScanCommand.swift
@@ -87,9 +87,12 @@ struct ScanCommand: FrontendCommand {
     @Flag(help: "Retain SwiftUI previews")
     var retainSwiftUIPreviews: Bool = defaultConfiguration.$retainSwiftUIPreviews.defaultValue
 
-    @Flag(help: "Retain properties on Codable types")
+    @Flag(help: "Retain properties on Codable types (including Encodable and Decodable)")
     var retainCodableProperties: Bool = defaultConfiguration.$retainCodableProperties.defaultValue
 
+    @Flag(help: "Retain properties on Encodable types only")
+    var retainEncodableProperties: Bool = defaultConfiguration.$retainEncodableProperties.defaultValue
+
     @Flag(help: "Automatically remove code that can be done so safely without introducing build errors (experimental)")
     var autoRemove: Bool = defaultConfiguration.$autoRemove.defaultValue
 
@@ -165,6 +168,7 @@ struct ScanCommand: FrontendCommand {
         configuration.apply(\.$buildArguments, buildArguments)
         configuration.apply(\.$relativeResults, relativeResults)
         configuration.apply(\.$retainCodableProperties, retainCodableProperties)
+        configuration.apply(\.$retainEncodableProperties, retainEncodableProperties)
         configuration.apply(\.$jsonPackageManifestPath, jsonPackageManifestPath)
 
         try scanBehavior.main { project in
diff --git a/Sources/PeripheryKit/SourceGraph/Mutators/CodablePropertyRetainer.swift b/Sources/PeripheryKit/SourceGraph/Mutators/CodablePropertyRetainer.swift
index fd088bd8f..fa67174ac 100644
--- a/Sources/PeripheryKit/SourceGraph/Mutators/CodablePropertyRetainer.swift
+++ b/Sources/PeripheryKit/SourceGraph/Mutators/CodablePropertyRetainer.swift
@@ -11,14 +11,23 @@ final class CodablePropertyRetainer: SourceGraphMutator {
     }
 
     func mutate() {
-        guard configuration.retainCodableProperties else { return }
+        if configuration.retainCodableProperties {
+            for decl in graph.declarations(ofKinds: Declaration.Kind.discreteConformableKinds) {
+                guard graph.isCodable(decl) else { continue }
 
-        for decl in graph.declarations(ofKinds: Declaration.Kind.discreteConformableKinds) {
-            guard graph.isCodable(decl) else { continue }
+                for decl in decl.declarations {
+                    guard decl.kind == .varInstance else { continue }
+                    graph.markRetained(decl)
+                }
+            }
+        } else if configuration.retainEncodableProperties {
+            for decl in graph.declarations(ofKinds: Declaration.Kind.discreteConformableKinds) {
+                guard graph.isEncodable(decl) else { continue }
 
-            for decl in decl.declarations {
-                guard decl.kind == .varInstance else { continue }
-                graph.markRetained(decl)
+                for decl in decl.declarations {
+                    guard decl.kind == .varInstance else { continue }
+                    graph.markRetained(decl)
+                }
             }
         }
     }
diff --git a/Sources/PeripheryKit/SourceGraph/SourceGraph.swift b/Sources/PeripheryKit/SourceGraph/SourceGraph.swift
index 7b47ccf5d..af3422dba 100644
--- a/Sources/PeripheryKit/SourceGraph/SourceGraph.swift
+++ b/Sources/PeripheryKit/SourceGraph/SourceGraph.swift
@@ -362,4 +362,13 @@ public final class SourceGraph {
             return [.protocol, .typealias].contains($0.kind) && codableTypes.contains(name)
         }
     }
+
+    func isEncodable(_ decl: Declaration) -> Bool {
+        let encodableTypes = ["Encodable"] + configuration.externalEncodableProtocols + configuration.externalCodableProtocols
+
+        return inheritedTypeReferences(of: decl).contains {
+            guard let name = $0.name else { return false }
+            return [.protocol, .typealias].contains($0.kind) && encodableTypes.contains(name)
+        }
+    }
 }
diff --git a/Sources/Shared/Configuration.swift b/Sources/Shared/Configuration.swift
index 2d60c92d1..ac1dff466 100644
--- a/Sources/Shared/Configuration.swift
+++ b/Sources/Shared/Configuration.swift
@@ -83,6 +83,9 @@ public final class Configuration {
     @Setting(key: "retain_codable_properties", defaultValue: false)
     public var retainCodableProperties: Bool
 
+    @Setting(key: "retain_encodable_properties", defaultValue: false)
+    public var retainEncodableProperties: Bool
+
     @Setting(key: "auto_remove", defaultValue: false)
     public var autoRemove: Bool
 
@@ -254,6 +257,10 @@ public final class Configuration {
         if $retainCodableProperties.hasNonDefaultValue {
             config[$retainCodableProperties.key] = retainCodableProperties
         }
+        
+        if $retainEncodableProperties.hasNonDefaultValue {
+            config[$retainEncodableProperties.key] = retainEncodableProperties
+        }
 
         if $jsonPackageManifestPath.hasNonDefaultValue {
             config[$jsonPackageManifestPath.key] = jsonPackageManifestPath
@@ -344,6 +351,8 @@ public final class Configuration {
                 $relativeResults.assign(value)
             case $retainCodableProperties.key:
                 $retainCodableProperties.assign(value)
+            case $retainEncodableProperties.key:
+                $retainEncodableProperties.assign(value)
             case $jsonPackageManifestPath.key:
                 $jsonPackageManifestPath.assign(value)
             default:
@@ -386,6 +395,7 @@ public final class Configuration {
         $buildArguments.reset()
         $relativeResults.reset()
         $retainCodableProperties.reset()
+        $retainEncodableProperties.reset()
         $jsonPackageManifestPath.reset()
     }
 
diff --git a/Tests/Fixtures/RetentionFixtures/testRetainsEncodableProperties.swift b/Tests/Fixtures/RetentionFixtures/testRetainsEncodableProperties.swift
new file mode 100644
index 000000000..f3943fae1
--- /dev/null
+++ b/Tests/Fixtures/RetentionFixtures/testRetainsEncodableProperties.swift
@@ -0,0 +1,9 @@
+import Foundation
+
+public struct FixtureStruct15: Encodable {
+    let unused: Int
+
+    init(unused: Int) {
+        self.unused = unused
+    }
+}
diff --git a/Tests/PeripheryTests/RetentionTest.swift b/Tests/PeripheryTests/RetentionTest.swift
index ff0c60d7a..ef32a5517 100644
--- a/Tests/PeripheryTests/RetentionTest.swift
+++ b/Tests/PeripheryTests/RetentionTest.swift
@@ -1034,6 +1034,28 @@ final class RetentionTest: FixtureSourceGraphTestCase {
         }
     }
 
+    func testRetainsEncodableProperties() {
+        configuration.retainEncodableProperties = false
+        configuration.retainAssignOnlyProperties = false
+
+        analyze(retainPublic: true) {
+            assertReferenced(.struct("FixtureStruct15")) {
+                self.assertNotReferenced(.functionConstructor("init(unused:)"))
+                self.assertAssignOnlyProperty(.varInstance("unused"))
+            }
+        }
+
+        configuration.retainEncodableProperties = true
+
+        analyze(retainPublic: true) {
+            assertReferenced(.struct("FixtureStruct15")) {
+                self.assertNotReferenced(.functionConstructor("init(unused:)"))
+                self.assertReferenced(.varInstance("unused"))
+                self.assertNotAssignOnlyProperty(.varInstance("unused"))
+            }
+        }
+    }
+
     func testRetainsFilesOption() {
         configuration.retainFiles = [testFixturePath.string]