The Retirement Readiness Annual Report
Betterment at Work surveyed 1,000 full-time employees in 2023 to learn more about how retirement readiness and financial wellbeing has evolved in the last 12 months. Take a look to see how employers can better address these concerns in 2024.
The key takeaways include:
- Only 40% of workers reported feeling confident that they'd be able to save enough for retirement
- 60% said they’d be enticed to leave their job for an employer that offers better financial benefits—up 6% from 2022
- 58% said financial anxiety affected their ability to focus at work
- 64% of employees report that student loan debt has had a negative impact on their ability to save for retirement
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