A recent study of over 100,000 employees at 75 companies found that 9% of workers who participated in an employer-sponsored retirement plan left their jobs compared to 20% of workers who did not participate (Source: Plansponsor.com, 2007).
Approximately 43.6 million people in the United States, 14.8% of the population, had no health insurance in 2006 (Source: Center for Disease Control and Prevention, 2007).
In a recent survey, 66% of workers and 73% of retirees expected to live on less than 80% of their pre-retirement income during their retirement years (Source: Plansponsor.com, 2007).
Approximately 30% of those between the ages of 55 and 64 are uncomfortable with their retirement preparations. Some of the chief worries were lack of savings, getting started with retirement planning, focusing on saving, and finding the right type of help (Source: Securities Industry and Financial Markets Association, 2007).
Although half of respondents to a recent survey had access to a 401(k) plan at work, only 3% looked for financial or investment advice from their employers (Source: Wall Street Journal Online, 2007).