X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Umbrella protecting from rain The very existence of separate rainy-day accounts enforces discipline in recognizing what savings can and can’t do. (Image: Shutterstock)

People are having a tough time saving—for health care, for retirement, for emergencies—especially since so many are living paycheck to paycheck and bending under the weight of student debt, credit cards and other financial obligations.

Marlene Satter

Marlene Y. Satter has worked in and written about the financial industry for decades.

More from this author

BenefitsPRO

Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.