Financial Finesse Inc. has accidentally published a survey report that shows why the most practical way to improve U.S. workers’ long-term care (LTC) planning might be to get more employers to offer employees at least some help with paying for long-term care insurance (LTCI) programs.
Financial Finesse sells telephone- and Web-based financial education services to the kinds of employers that offer great benefits.
It recently published an analysis of the results from brief interviews with the workers who use the educational services.
The idea was to compare and contrast the financial wellness of workers in the Millennial, Generation X, Late Boomer and Early Boomer age groups.
One finding: Because a lot of members of Generation X have young children, and relatively recently purchased homes with mortgages that are still underwater, those workers’ finances are, generally, lousy.