Worried your employees aren’t doing enough to prepare for a comfortable retirement? You’re in good company.
Just 4% of employers said they were very confident their employees would retire with adequate assets, according to a recent study by Aon Hewitt. That’s a significant drop from the 30% of employers who said they were very confident in 2011.
And just 18% of employers are confident employees will be able to manage their income during retirement, according to the study.
However, many employers plan on taking a more proactive approach to helping workers with retirement by:
- placing greater emphasis on helping workers understand and use the employer-provided resources available to them (60%), and
- focusing on helping workers retire with enough money (44%).