5 components of Subaru’s effort to create a retirement-positive culture

While most large companies offer a 401(K) option or other financial strategies to support employees with retirement, too few focus on the wellness aspect of retirement planning.

Fidelity Investments estimates a 65-year-old couple retiring last year can expect to spend $295,000 on medical expenses in their remaining years. This figure didn’t include long-term care or treating chronic diseases like diabetes.

Being financially prepared is only one way to plan for what could be 15 to 20 more years of life. The healthier their lifestyle and mental wellbeing, the more likely a retiree will put that 401(K) to good use.

Logically, getting older employees engaged in an organization’s wellness program could help them better prepare physically and emotionally for retirement and save them money as a result.