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A recent survey by Willis Towers Watson (WTW) reveals a growing financial strain among U.S. workers, with 88% struggling to meet basic living costs. Nearly half of employees (46%) are extremely worried about essentials such as food, healthcare, housing, and transportation. As a result, 44% of employees report living paycheck to paycheck, and 59% say money concerns are negatively impacting their overall wellbeing.
Older Workers Face Greater Financial Strain
For older workers, the situation is particularly concerning, and this financial pressure is leading to a sharp decline in retirement confidence. Almost half (46%) of employees over 50 now