U.S. employees are doing a better job of preparing for retirement, thanks at least in part to stock market gains, according to a survey by Financial Finesse.
As of June 30, the S&P 500 had jumped 18 percent in 12 months. But that wasn't the only reason for the improvement. More employees, Financial Finesse said, were taking risk-tolerance assessments and rebalancing their portfolios.
For the first half of 2013, 20 percent of employees who took a financial wellness assessment reported being on track to reach their income-replacement goal in retirement, up from 14 percent in 2011.
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