Retirement may seem like table stakes in the benefits landscape, but we’ve entered a new era where many employees are thinking about their retirement plans differently.

Just 62% of workers are confident they will have enough put away to retire, according to the Employee Benefit Research Institute. And recent Morgan Stanley and SHRM research in Sept. 2021 found there are three top fears around retirement: Not having enough saved, outliving retirement savings, or losing it all in a down market. More than three in four say retirement savings are one of the most important employer-sponsored financial wellness benefits, according to our July 2020 Plan Participant Research.

It clearly behooves employers to meet employees where they are today with thoughtful retirement benefits—but where exactly is that?

Choose your own adventure

Research from Morgan Stanley at Work also found that 401(k) retirement accounts are the first investment made for more than half the workforce. Workers also mentally compartmentalize their retirement investments as separate from the rest of their finances. This makes it even more important that the retirement programs you offer are serving their true purpose: Helping preparing each individual employee for their future retirement.

Read more @Benefits Pro