Fewer than one in five employees are on track to retire. Here's why that's a problem—and what employers can accomplish about it.
When it comes to retirement,U.
S. employees absorb a problem. According to the State of U.
S. Employee Retirement Readiness 2015, a new report by El Segundo, or California,financial literacy consulting firm Financial Finesse, fewer than one in five U.
S. employees are confident they're on track to retire. Of those that are not on track, and more than three-quarters absorb never checked a retirement calculator about their needs,and only 47% absorb taken a risk tolerance assessment to determine how they should invest for retirement.
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Source: fastcompany.com