Financial wellness and financial literacy is important for individuals and their employers, in part because of the role it may play in retirement. Individuals benefit when they are financially healthy, because it makes them more prepared to retire on time and with enough money. Companies benefit, too, because along with the potential for better-controlled benefit- [...]
Employers are focusing on their employees’ financial wellness and retirement readiness in 2013, according to a survey of 425 employers (representing 11 million employees) conducted by Aon Hewitt. Workers need 11 times their annual salary to have a financially secure retirement, but the average worker has a savings shortfall of 2.2 times their annual salary, [...]
Before your teenagers start working or head off to college, put them on the road to financial literacy Do your teenagers know how to manage their money? Many young people are no longer starting out their adult life in a traditional job with a pension. That’s why it’s critically important for them to form good [...]
