Employees Want Retirement Planning Advice
Employees would welcome professional help as they plan for retirement, research shows. A study by The Standard found that 55 percent of employees would like help choosing investments and managing their savings.
It’s easy to feel overwhelmed by retirement planning. The study showed that about half of employees say they aren’t comfortable choosing retirement plan options themselves.
“Employees can benefit from using a managed service through their retirement plan to help with investment decisions,” said Chris Dugan, director of retirement plan communications for The Standard. “These services may lead to higher participation, engagement and overall levels of retirement readiness.”
Check out our infographic for more information about the study.