With no clear end in sight of the economic instability impacting Americans, employees are making adjustments to maintain their long-term financial security.
As Americans shoulder increasing costs for everything from groceries and gas, they’re still focused on protecting their long-term savings to ensure a secure retirement. The majority of Americans (65%) are cutting back on short-term expenses, in order to keep up with their retirement plan contributions, according to a report by insurance company New York Life.
