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Immediate expenses win over saving for retirement
A new survey by the consulting firm Buck found employees would prefer a “$500 pay increase to a $500 increase in contributions made to a retirement plan.” Also, the researchers report that over three-quarters of the employees surveyed said they would “like their employer to offer supplemental savings accounts along with retirement benefits.” Remy Samuels reports on how the cost-of-living expenses, student loan debt, and wages are the primary obstacles to retirement savings. Read Ms. Samuels’ article here…
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