Employers play a critical role in enhancing employees' financial wellbeing amid the workforce's growing concerns about retirement.

Findings from Betterment at Work revealed that financial anxiety among workers in the United States has steadily climbed over the last five years, reaching 90% in 2025.

When it comes to retirement, Gen X employees emerged as the least confident that they have enough saved to retire, while Gen Zs are the most confident about retirement.

Nearly half of employees in the report expect that they will need over $1 million to retire, but only 27% expect to reach this goal.

Similar findings have been recorded in other parts of the world. In Hong Kong, more than half of employees there estimate that they will need over HK$5 million to retire comfortably.

Elsewhere, employees in Australia and New Zealand are also staying longer in the workforce, according to various findings.  

Sarah Levy, CEO of Betterment, said optimism about their long-term financial future is "encouraging," but employers have a role in turning it into real progress.

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