Over the past several years, Voya has gathered consumer insights detailing how Americans feel about their personal finances, workplace benefits and retirement. Their latest survey explored the necessity of employer sponsored benefits, progression of retirement plans, and the impacts inflation has had on their financial management strategy. The Voya Financial Omnibus survey was conducted among more than 1,000 working adults aged 18+ in the U.S.

Employees were asked a variety of statements related to the impact of economic factors (outside of their control) and how it impacts their view on retirement practices. Overwhelmingly, anxiety seemed to be a primary feeling–

• 75% worry about the impact of inflation on their ability to save enough for retirement
• 43% don't think they'll ever be able to save enough for their retirement
• 71% are more likely to stay with their current employer if offered a retirement savings plan

Unsurprisingly, the Voya Consumer Omnibus Research: Retirement Report revealed that retirement remains "top of mind" for employees across the nation. Having a guaranteed source of income to avoid outliving their retirement savings has taken precedence for many.