Good news! More people are expressing confidence in their ability to meet their income goals during retirement. According to the Employee Benefit Research Institute’s (EBRI) Retirement Confidence Survey, 28 percent of people with a retirement plan are very confident they will be able to retire comfortably. Continue reading “Is the Retirement Savings Gap Closing?”
It is hard not to hear about the pending doom and gloom forecast for the baby boomers approaching retirement. I was standing in line waiting to pick up my rental car last week and the flat screen TV on the wall had CNN reporting about how boomers “don’t even know what they are going to end up doing” since many are unprepared to face retirement and that Social Security and Medicare may fail as a safety net for the boomers. The irony is that I was on my way to facilitate a workshop on Retirement Readiness for a company that is proactively preparing their workforce to have a financially secure retirement, bucking the trend of many employers who are putting more of the burden on the workers to save for their own retirement. So what is the answer to having your employees take charge of their own futures and focus on building a sizeable retirement nest egg? Continue reading “Can We Stall the Coming Retirement Crisis?”
