Many employees struggle to achieve financial security in retirement, particularly in light of Independent Sector data that shows many employees face daily choices like making car payments or medical payments, and find themselves unable to set aside adequate funds to retire with dignity. This situation threatens the long-term stability of a sector that contributes immensely to society's well-being.
As we highlight closing the wealth gap in November, a multi-faceted approach is needed to bolster retirement security for these debt-challenged employees, and in particular, nonprofit workers, according to George Guerrero, co-founder and CEO of Just Futures, who discusses how to close the wealth gap.
George Guerrero
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