Research

48% of all eligible enrollees use Medicare Advantage, and that number is expected to rise to over 50% next year.

Many are facing serious challenges in recruitment and retention – and workers are accelerating retirement plans.

Only half (46%) of small companies - those with fewer than 100 employees - offer a 401(k) or similar employee-funded plan, according to Transamerica Institute.

As many as 80% of employees are taking inflation into account as they make career decisions.

Among generations, boomers are the most confident they will achieve their short-, medium- and long-term financial goals.

They did not alter their retirement expectations significantly, including planned retirement age and Social Security benefit claiming age, the study found.