Tag: financial stress

But those who fall short on saving are experiencing financial stress.

According to new John Hancock research, financial stress has a major impact on organizations, costing more than an estimated $1,900 per year, per employee.

John Hancock researchers sought to quantify the cost of workers’ financial stress for employers, finding the average annual excess expense per employee is a lot more significant than may be assumed.

In conversation with PLANADVISER, Lincoln Financial Group’s leader of retirement plan services explains why more Americans today cite “retirement” as their No. 1 financial stressor; in some ways, this is actually a great thing.