Happiness Formula: Expectations, Realities and the Drivers of Retirement Satisfaction
Date and time: Wednesday, January 30, 2019 2:00 pm ET
Catherine Reilly, Global Head of Defined Contribution Research
Michelle Connelly, Head of Participant Engagement
The adage that having more doesn’t necessarily equal happiness proves true for retirement savings plans and participants.
State Street Global Advisors’ 2018 Global Retirement Reality Report (GR3) finds that workers in countries with the best-funded savings plans aren’t consistently confident about their retirement future.
By taking a closer look at the research, State Street found 3 factors to be truer measures of positive retirement sentiment:
- Trust in the saving system
- Ownership (and understanding) of one’s saving responsibilities
- Preparedness as defined by one’s savings confidence
In our webinar, State Street panelists will apply the retirement happiness formula (trust + ownership + preparedness) to US organizations. By taking insights from other countries and providing actionable approaches to improve retirement readiness, speakers will outline how to help participants be better informed, more empowered, and ultimately happier.