While overall financial wellness measures have improved since 2009, employees as a whole appear to be seeking balance between improving short-term money management behaviors, and planning for long-term goals such as retirement. The percentage of proactive employee questions has increased, while at the same time, the overall trend of improvement in financial wellness scores appears to be leveling off. Despite an increased focus on retirement planning, employees still report being woefully unprepared for retirement, and recent stock market performance has done little to change employees’ confidence in their investments. This could be the result of lost momentum coming out of a “soft” recovery, or the early signs of an impending second recession.
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