While retirement confidence levels are low, employees are showing that they’re taking steps to financially recover from the 2008 recession and that they understand the importance of planning for the future, according to a new research report from Financial Finesse, a provider of workplace financial education.
Only 15% of employees were confident they were on track to meet their retirement goals in the first quarter of this year, down from 18% in fourth quarter 2010. The latest figure is among the lowest retirement confidence levels Financial Finesse has ever recorded.