Given that a sizable number of employees are living paycheck to paycheck, it is unsurprising that longer-term financial confidence has eroded as well.
Nearly two-thirds of employees believe they will be worse off in their old age, relative to their parents’ generation. Concern is widespread about whether employees are saving enough for retirement, especially in a defined contribution world.
Many experts and policymakers also worry that leakage from the U.S. retirement system — via loans, hardship withdrawals or other cash-outs — threatens the long-term retirement readiness of many employees.
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Title | File Type | File Size |
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2017/2018 Global Benefits Attitudes Survey | 3.1 MB |