Financial Finesse Releases Its Second Annual Retirement Preparedness Report

The firm’s second annual study finds that employees are making some positive changes to their retirement planning, but poor money management skills and long-term economic challenges present major obstacles. With looming increases in health care expenses, taxes, inflation and life expectancy coupled with decreases in government and corporate retirement benefits more employees are taking plan loans and making hardship withdrawals. Sounds like a recipe for disaster. The study is here.