article thumbnail

Half of U.S. Full-Time Employees Plan to Defer Retirement Due to Financial Reasons

Small Business Labs

MetLife recently released their 2019 U.S. The study is based on a survey of 2,675 adult Americans with a full-time job at companies with at least two employees. It shows that 52% of the full-time employees surveyed said they plan to postpone their retirement due to their financial situation. Employee Benefits study.

article thumbnail

4 Smart Money Moves to Plan for Financial Security

Success

A survey by Insider and Morning Consult from 2019 showed that millennials were more likely to put off buying houses, making career moves, undergoing medical procedures and even getting hitched—all because of cash-related reasons. Start a retirement plan. You’re young, and retirement probably feels light-years away.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Women Are Rising in Business

Success

of employer businesses in 2019—a growth of 16.7% million workers in 2019 and grew their workforce by 28%… between 2012 and 2019.” The 2019 “ State of Women-Owned Businesses Report ” from American Express finds women-owned businesses “now represent 42% of all businesses—nearly 13 million—employing 9.4

2019 246
article thumbnail

The Great Risk Shift - and Economic Insecurity - Continues

Small Business Labs

  Examples include corporations shifting more responsibility for retirement, career planning and healthcare to their employees and governments reducing social safety net programs. " Reinforcing this, the Federal Reserve just released their 2019 Survey of Household Economics and Decsionmaking study. 

article thumbnail

The Recent Flurry of Gig Economy Studies

Small Business Labs

Want Your Business to Thrive - Cultivate Your External Talent : The Society for Human Resource Management (SHRM) and Success Factors teamed up for study, which surveyed independent workers, managers who hire independent works and HR employees.  How Well Are Independent Workers Prepared for Retirement?:    2.

article thumbnail

Why the over 50s are leaving the workforce in huge numbers

Workplace Insight

Of course, it could simply be that workers saved more during the pandemic and can now afford to retire in comfort earlier than planned. Surprisingly, the silver exodus is not concentrated in the richest segments of society – even though one might expect that they would be the most able to retire.

article thumbnail

During a Recession, Entrepreneurs Are in the Driver’s Seat

Success

A 2019 report from the U.S. Small Business Administration Office of Advocacy found that “the median net worth of self-employed families at $380,000 in 2019 was over four times that of families of workers ($90,000).”. And companies that weren’t cutting jobs cut benefits, from retirement funds to healthcare coverage.

2021 246