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With the economy in a state of such volatility, it's hard to predict how or when Social Security benefits may change. According to the Social Security Administration, "Social Security benefits are now expected to be payable in full on a timely basis until 2037, when the trust fund reserves are projected to become exhausted."  Regardless of the evolution of this benefit, employees need to prepare to support themselves through retirement.

Relying on money that may not exist is a risk no American can afford to take. This is especially important for employees who anticipate being in the workforce beyond the next 10 years. They should be prepared to save more than previous generations if they don't want to jeopardize their ability to retire and live the lifestyle they desire.

As an employer, you are in a position to educate your employees on the value of retirement planning as well as to provide the resources that enable them to save.