For many working parents, putting money aside each month isn’t easy, making generational wealth feel out of the question. But even as the cost of living climbs, the right benefits can help employees get started with a long-term savings and investment plan.
A survey by U.S. Bank found that 4 in 10 parents among all generations believe their children will need financial assistance into adulthood. With some experts predicting the average home price to be over $1 million by 2040, along with rising costs of college, unpredictable economic shifts and health issues, saving for the future now is more important than ever.
