The latest Telus Health report reveals unprecedented stress levels among US workers, mainly due to financial concerns impacting their mental health. The study surveyed 5,000 workers, uncovering that the worst mental health scores belong to 20% of workers uncertain about their retirement savings.
Key findings suggest that 24% worry about not retiring, while 25% fear a drop in living standards post-retirement. Furthermore, 74% felt the need for employer-backed retirement savings options.
My Take…
No surprise here, this is a global issue, not just in the USA.
Location arbitrage can help if you are willing to do the planning, research and prepared to move to a more affordable new location.
For more details click on the link:
https://www.thestreet.com/retirement-daily/retirement-research/retirement-worries-mental-health-u-s-workers
