The Retirement Readiness Annual Report
Betterment at Work surveyed 1,000 full-time employees to learn how the state of retirement readiness and financial wellbeing has evolved in the last year. Our latest report covers the benefits employees want today and how you can better address your clients’ needs.
The key takeaways include:
- Only 40% of employees reported feeling financially stable, and just 29% of women believe they’ll be able to support themselves in retirement
- 64% report that student loan debt has impacted their ability to save for retirement, with the majority owing more than $10,000
- 52% named a 401(k) matching program as their most desired benefit, followed by an employer-sponsored emergency fund
- 61% have had to adjust their own retirement savings plans in order to save for their children’s college education
Learn more about the state of retirement readiness and what benefits matter most to your clients in Betterment’s latest report.