Bank of American workplace benefits report

Would You Swap Pay for Retirement Income?

Posted on 06/28/2013 by | Money and Work | Comments

Bulletin TodayWould you be willing to give up a portion of your salary if it meant having guaranteed income in retirement? A vast majority of you said yes. That sentiment, and other concerns, were revealed in a new study that underscores just how vulnerable American workers feel about being solely responsible for their financial well-being in retirement. Of some 1,000 workers surveyed, four in five say they’d sacrifice 5 percent or more of their salary if it meant having reliable income …