Research has shown that more than half of all workers in the states have less than $25,000 in total savings. Even more startling is the fact that 41 percent of workers between the ages of 45 and 54 report the same amount.
With longer life expectancies and rising costs, it's critical that Americans understand the importance of saving - now.
Participate in National Save for Retirement Week
National Save for Retirement Week is steadily becoming a key event employers use to inspire their employees to save more for retirement.
Hundreds of cities, counties, and municipalities, and even states, across the country get involved by issuing proclamations, and hosting events and activities during the week, which will be the third week of October in 2008.
ICMA-RC supports National Save for Retirement Week because it allows employers across the country a great opportunity to encourage workers to examine their finances and determine whether they are adequately prepared for retirement.
Get Involved, Stay Involved
In an effort to get the word out to workers about how critical it is to build retirement security, ICMA-RC has and will continue to develop promotional and educational resources on saving for employers, employees, and the press.
You can take advantage of these planning tools and resources any time of the year by following the links to the right. For even more resources, visit the NAGDCA National Save for Retirement Week Web site, sponsored by the National Association of Government Defined Contribution Administrators.