Leadership

Addressing The Employee Retirement Savings Gap

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Executive Summary

Many employees simply don't understand the substantial role that time and savings rate play in helping them to meet their retirement needs, and employers need to communicate these facts to them through awareness campaigns. By helping employees understand that they need to begin saving as early as possible (and that they may also need to consider retiring later), employers can help employee understand the impact of their decisions. Employees also need education to understand the tradeoffs that they need to make as they balance future unknowns.

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