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The State of Financial Wellness in America
Key Takeaways
- 57% of employees are very or somewhat stressed about their financial situations.
- Sources of stress include saving for the future, paying monthly bills, and credit card debt.
- Employers can take several steps to help employees improve their financial wellness.
Findings from Employee Self-Assessments Research1 by Prudential sheds new light on how employees at a national level view their own financial wellness. An alarming 57% of employees are very or somewhat stressed about their financial situation. The top 3 reasons for financial stress are saving for the future (67%), paying monthly bills (57%), and credit card debt (42%) 2.
This report highlights:
- The state of financial wellness in the U.S.
- How employees assess their behaviors when it comes to managing day-to-day finances, achieving important financial goals, and protecting against key financial risks.
- What employers can do to help employees improve their financial wellness.
Read More
To view a summary of Prudential's research, read The State of Financial Wellness in America
You may also be interested in other Financial Wellness topics.
1 Prudential, 2017 Financial Wellness Study. Based on a survey of full-time employees who have medical insurance; therefore, the results may appear higher than comparisons to national averages.
2 Among respondents who are very or somewhat stressed. Respondents could select more than one reason.
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Jul 12, 2019
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