Get full details in John Hancock’s 2020 financial stress survey.1
Some highlights from our seventh annual study:
Stress is up in the workplace.
- 74% of workers report generalized stress—up from 43% before the pandemic.
- 62% are financially stressed—versus 39% before the onset of COVID-19.
All this stress comes at a cost for employers.
- 43% of workers spend work time dealing with personal finances.
- 50% feel they’d be more productive without their current financial worries.
They’re looking for help, and you’re well positioned.
- 73% would seek advice on retirement planning—up from two-thirds of respondents in 2019.2
- 63% would seek out investment advice—compared to 50% last year.
Download more information.
John Hancock and Greenwald & Associates are not affiliated and neither is responsible for the liabilities of the other.
1 The Retirement Plan Services financial stress study is a commissioned study prepared for John Hancock by Greenwald & Associates. John Hancock’s seventh annual financial stress survey was conducted from July 28 through August 14, 2020. An online survey of more than 500 John Hancock plan participants was completed to learn more about individual stress levels, their causes and effects, and strategies for relief. 2 The previous year reference is from John Hancock’s financial stress survey, John Hancock and Greenwald & Associates, 2019.
THIS MATERIAL IS FOR INSTITUTIONAL/BROKER-DEALER USE ONLY. NOT FOR DISTRIBUTION OR USE WITH THE PUBLIC.
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RELATED – 2019 Financial Stress Survey
John Hancock Life Insurance Company, U.S.A. is a Boston-based insurance company.
