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“Running out of money is the baby boomers’ biggest concern about retirement, followed by health issues and healthcare costs.”
“Going forward, employers will no longer be able to simply issue a total rewards statement that says ‘here are the benefits we provide and how much we pay.’”
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U.S. workers say retirement is getting harder to afford, raising questions about how organizations can help workers save, understand their benefits, and plan ahead.
Employees are facing rising financial stress, retirement savings gaps, and competing priorities but new financial wellness trends are emerging to help.
Employer-provided home-saving accounts and educational resources can help workers achieve an increasingly elusive milestone in the current affordability crisis.
As employees decide whether to stay with their employer, support tied to student loan debt and education benefits is becoming a clear differentiator.
Benefits that effectively support employee caregivers have a dramatic impact on their ability to remain healthy and productive at work.
