Retirement planning stresses them out

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Choosing the right time to retire is a big decision for most people. But Sue takes this concern to the next level: She's so worried that when she thinks about retirement, she's fearful for her financial future.

Sue has a lot of factors to consider. A divorce knocked her off her feet, and she can no longer rely on a second income to make ends meet. Sue, like many workers in the U.S., wishes she had been more diligent about retirement planning earlier and worries that she will outlive her savings.

Because she is so stressed out, Sue has trouble making financial decisions and doesn't know where to go to for advice.

Jessica Tuman, Voya Cares, Vice President
Amy Vaillancourt, Voya Financial, Senior Vice President

In the fourth of this five-part podcast series, Voya Financial's Jessica Tuman, Vice President of Voya Cares and the organization's Environment, Social and Governance Centers of Excellence, and Amy Vaillancourt, Senior Vice President, Workplace Architecture at Voya Financial, discuss the results of the Voya Cares® and Easterseals nationwide survey of employment extenders and explain how employers can help workers like Sue who are worried sick about retirement with innovative benefits offerings.

Here's just some of what you'll learn:

  • The percentage of employees who fall into the "Worrier" category
  • What stresses these employees out the most
  • How the current labor market and economic environment influences these employees
  • What employers can do to help Worriers create a plan that can alleviate their stress and eventually retire

Click here to listen to other installments of this five-podcast series.

Want to learn if you're a "Worrier" employment extender or one of the other three types? Click here to take the Voya Cares quiz.

Amy Vaillancourt is a Registered Representative of Voya Financial Partners, LLC (member SIPC).

This material is provided by Voya for general and educational purposes only; it is not intended to provide legal, tax, or investment advice. All investments are subject to risk. Please consult an independent tax, legal, or financial professional for specific advice about your individual situation.