Financial Wellness

Financial Wellness Insights: Top Financial Goals

The majority of employees are concerned with retirement planning. Saving for retirement is the most commonly cited financial goal among employees, coming ahead of many short-term goals, including eliminating debt and creating an emergency fund.¹ In an analysis of data collected from 1,081 employees earlier this year, Retiremap found that saving for retirement is a goal for the majority, 56 percent, of employees surveyed. The … Continue reading Financial Wellness Insights: Top Financial Goals

Financial Stress, Stress

Solutions for a Stressed-out Nation

Financial stress is a reality faced by the American worker every day—its ripple effects impacting individual health, productivity, and quality of life. In May, 2014 New York Life Retirement Plan Services sponsored a research study, in which they surveyed more than 1,500 workers to uncover individual stress levels, its causes, and how to best combat it. How stressed are we? Quite simply—we are very stressed. Nearly … Continue reading Solutions for a Stressed-out Nation

Millenials, John Hancock, Financial Stress

Current Stresses Eclipse Retirement Planning for Working Millennials

In John Hancock Retirement Plan Services’ 2014 annual Financial Stress Survey¹, they discovered that working Millennials² experienced financial stress of a more immediate nature than their older counterparts. Almost a third of working Millennials say they are too worried about their current situation to plan for retirement. Sixty-six percent do not own a home. Fifty-nine percent feel overwhelmed. Fifty-five percent rate their financial situation fair … Continue reading Current Stresses Eclipse Retirement Planning for Working Millennials