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23% of Americans have $0 savings: Helping workers do the math, save for retirement
National Savings Day is the perfect opportunity for employers to host financial workshops, remind employees about student loan assistance options and provide personalized savings projections during October, says GoBankingRates.
National Retirement Security Month: A time for pre-retirees to come up with a ‘formal written plan'
Six in 10 retirees and pre-retirees are willing to spend $100 or more for a comprehensive analysis of their financial situation, according to LIMRA.
Rallying around retirement income: Advisors are educating plan sponsors
Only 58% of plan sponsors believe participants are on track with their retirement savings, which is why most (82%) advisors are recommending a retirement income solution to DC clients, according to a Blackrock survey.
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In the world of benefits, knowledge is power, and numbers tell the story.
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