Retirement and Finances: Top Stressors for American Workers

A recent survey by The Guardian Life Insurance Company of America revealed that retirement-related concerns are the primary source of stress for American employees. Many worry about having enough money to last through retirement and a guaranteed source of income. This, combined with low overall well-being among Americans, highlights the urgent need for additional support and resources, particularly in retirement planning and personal finance.

The survey also found that financial health significantly impacts mental and physical well-being. For example, those with high financial health also reported better emotional health, while those with low financial health often self-reported poor emotional health. Additionally, single parents and Sandwich Generation members were likelier to experience low well-being scores.

To address these concerns, employers can significantly support their employees’ financial and overall well-being. This includes offering financial wellness programs, retirement planning resources, and benefits such as health insurance, paid time off, and retirement plans. By prioritizing employee well-being and helping them achieve financial security, employers can create a more supportive work environment.

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