U.S. workers are more satisfied with their finances today than they were five years ago, but their confidence in their ability to retire is still below levels before the financial crisis, according to a nationwide survey by Towers Watson.
The company's "Global Benefit Attitudes Survey" also found that a significant number of workers have been forced to cut back their spending and plan to delay retirement, many until age 70 or after.
The survey of 5,070 full-time employees showed that nearly half of respondents, 46 percent, are satisfied with their current financial situation, a sharp increase from 26 percent in 2009.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
