Employee Financial Wellness Survey
June 2013
At a glance
PwC's Employee Financial Wellness Survey tracks the financial and retirement wellbeing of working American adults nationwide.
In recent years, our survey results were a reflection of a struggling economy, unstable financial markets, a depressed housing market, rising consumer debt, a weak employment outlook and low consumer confidence. While the stock market recently reached a new high and other key economic indicators are showing signs of improvement, the results of our 2013 survey, though slightly more positive, indicate that it will take a more sustained recovery before we see a significant positive impact on employee financial wellness.
Key findings
- Gen X employees struggle the most financially and are most likely to dip into retirement savings
- Just 35% of employees are confident they will be able to retire when they desire
- 23% of employees admit that personal finances have been a distraction at work
- Running out of money and healthcare costs are the top two employee concerns about retirement
- 29% of employees plan to delay retirement because they need to keep their healthcare coverage
- 38% of employees find it difficult to meet their household expenses on time each month
About the survey
PwC's Employee Financial Wellness Survey tracks the financial and retirement wellbeing of working American adults nationwide. This year's survey incorporates the views of more than 1,600 adults.
About the PwC Employee Financial Education practice
Whether your employees are stressed over organizational shifts, market conditions, personal life events, or benefits changes, PwC’s Employee Financial Education practice works with clients to design and deliver customized financial wellness programs tailored to employee needs and specific employer objectives. Our goal is to empower employees to make educated decisions to improve their financial wellbeing.
For additional information please visit www.pwc.com/us/financialeducation.
