Benefits Think 1 in 3 employees is tapping their retirement savings

Published 5 Min Read

Man's hands protecting piggy bank
Adobe Stock

Right now, financial wellness feels a bit out of reach for many Americans. An unpredictable economy and rising living costs are forcing many to revisit their long-term savings plans, and more than one-third of employees are leaning on their retirement funds sooner than they had hoped.

According to Payroll Integrations’ 2025 Employee Financial Wellness Report, 38% of employees say they’ve tapped their retirement funds — and a third (33%) plan to do so within the next year. This raises broader concerns about financial stress — especially across younger generations with nearly half (46%) of Gen Z workers reporting they’ve already taken out funds.

Doug Sabella
CEO and co-founder of Payroll Integrations

Doug Sabella is the CEO and co-founder of Payroll Integrations. Sabella co-founded Payroll Integrations in 2016 to simplify payroll and benefit processes for employers and … Read full bio


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