This is a news release from FSR
Americans want the 2016 Presidential candidates to talk more about their plans to ensure more Americans have a secure retirement, strengthen the economy and help people save more for their financial futures, according to a new nationwide poll released today by the Financial Services Roundtable (FSR) conducted by Morning Consult.
Nearly 68% of American workers say 2016 presidential candidates have not been talking enough about ensuring Americans have a secure retirement.
The poll also shows workers highly value retirement benefits in the workplace, rating them as one of the two most important benefits employers can offer, along with healthcare, rated at 94 percent and 95 percent respectively.
Retirement benefits are rated above free food in the workplace (27%), commuting benefits (43%) paid sick leave (90%), maternity/paternity leave (74%) and paid vacation days (90%).
“The candidates on both sides of the aisle have discussed policy proposals regarding Social Security and tax reform and how those issues may impact retirement savings,” said Governor Tim Pawlenty, FSR President and CEO, in an op-ed posted today. “However, candidates have not yet taken the opportunity to discuss what the current private market could do to better address the retirement savings problem and there is more that can be easily done to help people better prepare for retirement.”
View the full survey here: http://bit.ly/1QeoGAo
Other survey top lines include:
Experts recommend that workers should aim to save at least 10 percent of their income toward retirement. Most Americans may need much more than $1 million in retirement as lifespans – and time spent in retirement – lasts longer.
FSR’s “Save 10” initiative seeks to increase retirement savings by encouraging employers to adopt proven tactics, such as auto enrollment and other positive elements to workplace retirement plans. Save 10 recognizes companies who excel in this area across all industries. The full list of Save 10 employers and more about the initiative can be found at www.Save10.org.