How would you address this challenge?

Will we truly get there? How?

With the recent drumbeat of retirement readiness concerns, there is no shortage of industry surveys, research papers, and studies being published at an increasingly rapid pace to draw people’s attention to this widely acknowledged challenge.

Here is one such article published by PlanSponsor that quotes a recent survey conducted by Diversified that addresses this topic.

The real issue is: How do we get there? Is it more frequent messaging? Education? Tools? Proactive communication by employers to incentivize people to take action?

What would you as a plan sponsor, or as an employee, do to address this challenge of lack of retirement readiness? Something to give some serious thought to.