Many employees struggle with saving for retirement for a variety of reasons. For starters, they face incredible inertia when it comes to simply enrolling in a retirement plan. Lack of financial knowledge is another big barrier that stymies their ability to properly manage their day-to-day personal finances and—for those who have enrolled in a retirement plan—put enough aside for their future and properly allocate their investments.
As these problems tend to spill over into the workplace, retirement education campaigns can go a long way to break down some of the barriers that prevent employees from adequately preparing for retirement—while also increasing employee productivity at work.