The ever-increasing cost of health care is not only hurting workers’ financial security in the present, it’s also making it harder to reach financial goals in the future. Nearly 70 percent of workers surveyed have seen their health care costs increase over the past two years, according to the 2016 Workplace Benefits Report from Bank of America Merrill Lynch. The report finds that among those who have experienced rising health care costs, more than three quarters are saving less for retireme...
This one big cost is preventing workers from saving for retirement
Business Insider - 14 Apr 2016 05:01
The ever-increasing cost of health care is not only hurting workers’ financial security in the present, it’s also making it harder to reach financial goals in the future. Nearly 70 percent of workers surveyed have seen their health care costs increase over the past two years, according to the 2016 Workplace Benefits Report from Bank of America Merrill Lynch. The report finds that among those who have experienced rising health care costs, more than three quarters are saving less for retireme...
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