4 things keeping workers from retirement savings (and how to fix them)
Lee Conrad is a former senior editor of Employee Benefit News and Employee Benefit Adviser, and a former editor of Bank Investment Consultant.
Lee Conrad is a former senior editor of Employee Benefit News and Employee Benefit Adviser, and a former editor of Bank Investment Consultant.
For reprint and licensing requests for this article, click here.
Americans are embracing the prospect of higher life expectancies but worry about the financial tradeoffs, including healthcare costs, retirement income, and outliving their savings.
The U.S. fell three spots to 24th in a global retirement ranking, highlighting growing pressure on employers to help workers save and plan for rising costs.
Workers estimate they’ll need over $5K in monthly retirement income, but many have no clear strategy for turning savings and investments into a steady paycheck.
Leaders from Equifax, Bartaco and Children’s Health gathered in Las Vegas to share their insights and best practices at EBN’s Benefits at Work conference.
New JD Power research finds employees with better retirement plan apps are more engaged, more likely to consolidate assets and more likely to stay invested.