The Problem: Employees Are Falling Behind.

Half of American workers are not ready for retirement, according to the most recent confidence survey published by the Employee Benefit Research Institute.¹ Eighty-one percent of employees say they are a little or a lot behind schedule in planning and saving for retirement.

Our Solution: Worksite Financial Solutions and Financial Wellness

Worksite Financial Solutions addresses every stage of participants’ working lives. From initial plan entry, asset accumulation, job transitions and into retirement, plan sponsors can add value every step of the way. We provide Worksite Financial Solutions for companies in the Santa Clarita area and southern California.

Part 2 of Worksite Financial Solutions: Employee Education

 Employees who wonder how they’re going to pay their bills each month are distracted.  Many have not had access to financial education, and so have never learned the basics of debt, budgeting and saving.

Part 3 – Want more for your employees?  Employee Advice

Employees want and need the help of an investment professional, especially as they
decide how to invest their 401(k) or similar retirement account. The Employee Advice
Solution gives them access to personalized advice, helping them answer important
questions, such as:

  • ƒƒHow much should I save?
  • ƒƒHow can I get out of debt?
  • ƒƒHow can I invest my assets wisely?
  • ƒƒWhen can I retire?

See Part 3: Our Advice Solution

Request a Brochure: Worksite Financial Solutions and Financial Wellness

financial wellness educationLearn how Financial Wellness and Worksite Financial Solutions can positively impact your company and improve the chances your employees will retire secure and comfortably. Get a complete overview of Worksite Financial Solutions and how we can develop a customized program around your employees’ specific financial concerns and education needs.

 

 Sources:

In-plan Advice Statistics:

Source 1: The New Rules of Engagement for 401k Success; Charles Schwab (June 2010)

Source 2: Help in Defined Contribution Plans; Financial Engines/ AON Hewitt Study 2006-2010 (Sept. 2011)

Source 3: Help in Defined Contribution Plans, is it working and for whom? Financial Engines (January 2010). Not a Guarantee of Future Results

1 EBRI’s 2012 Retirement Confidence Survey: Job Insecurity, Debt Weigh on Retirement Confidence, Savings

2 Harris Interactive Inc., The 2012 Consumer Financial Literacy Survey

3 Employees of an 8,000-plus employee group who left feedback about the company’s financialwellness program

4 Principal Retire Secure 2010 Participant Survey

5 Principal Retire Secure database statistics of 50,000 one-on-one meetings, as of Q4 2009