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Are You Stressed?
A recent MetLife survey found that three of employees’ top five financial concerns relate directly to retirement, even among those who are relatively confident in their finances. John Hancock’s fifth annual Financial Stress Survey of 1,352 retirement plan participants found that a majority of workers (69%) are stressed over their finances, costing companies an estimated $2,000 per employee, and that 76% of respondents cited a lack of retirement savings as a leading factor affecting their stress.
That’s one of the primary ROI motivators behind the growing emphasis on financial wellness, of course. But while financial stress can certainly take a significant toll, we all know that even the most idyllic existence must contend with stress of some kind from time to time.
That’s one of the primary ROI motivators behind the growing emphasis on financial wellness, of course. But while financial stress can certainly take a significant toll, we all know that even the most idyllic existence must contend with stress of some kind from time to time.