All About Retirement: An Employer Survey
All About Retirement: An Employer Survey finds that 69% of employers believe that most employees at their company could work until age 65 and still not save enough to meet their retirement needs, a disturbing finding given the vital societal role that they are called upon to play in helping workers save, plan, and prepare for retirement.
As part of its 17th Annual Retirement Survey, Transamerica Center for Retirement Studies interviewed more than 1,800 employers of for-profit companies with 5 or more employees to understand employers’ views on their employees’ future retirement, including when and how they believe their employees envision retiring, the extent to which they have business practices to support them, and the current state of retirement benefits offered.
The survey findings are presented in aggregate and by company size, including small companies (5 to 99 employees), medium-sized companies (100 to 499 employees), and large companies (500+ employees).