Retirement is a daunting prospect for many small business owners who don't feel financially prepared to stop working when they reach average retirement age.
According to a recent survey by Paychex, Inc., 30 percent of small business owners said they felt "somewhat confident" that they'll be ready to retire sometime between the ages of 61 and 65, 21 percent of respondents selected "not at all confident" on the survey's retirement readiness scale, and eighteen percent fell between "somewhat confident" and "not at all confident."
The good news: You as a benefits manager have the power to help those 69 percent of small business owners who don't feel fully prepared for their golden years.
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