Boomer 'retirement wave' is about to hit: How employers can ensure their financial security

Joseph Patrick Roop, president of Belmont Capital Advisors, stresses the importance of employers supporting the financial security of retiring Baby Boomers. He suggests that employers can help by offering personalized financial education and retirement planning resources to their workforce. Roop emphasizes that financial literacy is crucial for helping employees navigate their retirement savings, investments, and health care costs. He also advises that employers encourage employees to take advantage of catch-up contributions and maximize their retirement plan benefits to ensure long-term financial stability. By providing these tools, employers can help their retiring employees achieve financial confidence.

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