The truth is, the workers mentioned they concern retirement greater than:
divorce (64%)
dying (61%)
getting fired (54%)
falling into poor well being (53%).
These fears come amid monetary considerations within the office, together with turning into a monetary burden (39%) and never having sufficient saved for medical emergencies or sudden prices (39%) after retirement.
“Our survey reveals that monetary stability is a main concern amongst contributors, with many fearing they will not have the ability to afford to retire and sustain with the naked necessities like healthcare, or that they may change into a monetary burden to their family members,” mentioned Jasmine Escalera, profession professional at LiveCareer, in a press release.
Monetary anxieties
In response to the report, 59% of staff are involved in regards to the rising price of long-term care in retirement.
One other 52% are fearful about making poor funding choices and dropping retirement funds. Others cited these retirement-related considerations:
