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How to Help Employees Prepare for Retirement

By providing a financial wellness program, employers can help employees who are nearing retirement make good decisions.

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Some of your employees may be supporting their grown children instead of saving for retirement.

Yes, you read that right. According to a report by Merrill Lynch and Age Wave, U.S. parents spend $500 billion a year on their 18- to 34-year-old adult children—twice the amount they contribute to their retirement savings.

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