Happiness Formula: Expectations, Realities and the Drivers of Retirement Satisfaction
Date and time: Wednesday, December 12, 2018 2:00 pm ET
Catherine Reilly, Global Head of Defined Contribution Research
Michelle Connelly, Head of Participant Engagement
State Street Global Advisors’ 2018 Global Retirement Reality Report (GR3) reveals people’s hopes, fears, expectations and experiences surrounding retirement. Surprisingly, countries with the best-funded savings plans didn’t necessarily have more confident savers—in some cases, the opposite is true. Examining the gaps between savings sufficiency and sentiment led to the identification of three variables that, when properly combined, create the formula for retirement happiness: trust, ownership and preparedness.
In this webinar, Catherine Reilly, State Street’s Global Head of Defined Contribution Research, and Michelle Connelly, State Street’s Head of Participant Engagement, will overview the GR3 survey data, detail the formula for happiness from a US perspective and discuss:
- Actionable steps that HR leaders can take to increase participant engagement and satisfaction, including communication tactics, advice options and retirement income solutions
- Considerations by US participant segment, including segment-specific saving challenges and attitudes about extended working lives