Other key findings:

The top reason workers gave for feeling like they can't reach their financial goals is that they don't have enough to cover their expenses and save: 38% of respondents said this was their biggest obstacle, followed by 18% who pointed to nonfinancial goals that were more pressing.
Women, Gen X and millennial employees were least likely to rate their financial wellness as good or excellent, and may need more support to accomplish their goals.
Younger workers tend to prioritize short-term goals, like paying off debt or buying a house, while Gen X and boomer workers are more interested in saving for retirement.
Although more than half of workers say they are planning for health care expenses in retirement, only 13% are doing so in a dedicated way. What's worse, almost a quarter say it's not even something they think about.

READ MORE:

Almost 40% of Americans would struggle to cover $400 emergency
The CARES Act demonstrates need for emergency savings within retirement plans
Employees fear the financial consequences of coronavirus

Instant Insights /

Workers' financial health declined despite increasing employer concern