As thousands of baby boomers retire every day, their dreams of a comfortable retirement may be out of reach. According to the Gallagher Retirement Plan Consulting 2024 US Financial Health survey, only 37% of employees believe their current retirement savings strategy will lead to a successful retirement. This disconnect between employees' understanding of their financial stability and their retirement readiness is cause for concern.
Employers play a crucial role in developing a workforce that is resilient and ready for retirement.
This whitepaper, Strategically Preparing Your People for Retirement, explores the challenges employees face in attaining a secure retirement and outlines action steps employers can take to start helping today. Factors such as market volatility, prolonged high inflation, challenges of long-term care and lack of financial literacy around retirement income strategies contribute to a lack of retirement readiness.
Discover how employers can address these challenges while educating employees.
Explore actionable solutions today. Get the whitepaper now and reach out to your Gallagher consultant to learn more about how you can implement changes to help your people on their retirement readiness journey.