Today, participants are looking for more from their retirement plans. Saving for retirement is still vital, but they're looking to their employers to help them achieve financial well-being.
We at Vanguard believe that financial wellness programs should address an individual's unique needs and circumstances as they journey to and through retirement. This is especially critical when you consider that financial wellness programs can improve:
We at Vanguard believe that financial wellness programs should address an individual's unique needs and circumstances as they journey to and through retirement. This is especially critical when you consider that financial wellness programs can improve:
- Worker satisfaction.
- Employee productivity.
- Recruiting and retention.
- Stress levels in the workplace.1
In the second video below, Matt joins Amber Czonstka, principal and head of Institutional Investor Advice and Client Experience, to discuss the evolution of Vanguard's TDF strategy and three key changes we're making in 2021.
Video transcript: The role of target-date funds in financial well-being 
Video transcript: The continued evolution of our target-date funds
Watch the full target-date fund webcast.
1 Financial Wellbeing Employer Survey. Employee Benefit Research Institute, 2020.
Notes:
- All investing is subject to risk, including the possible loss of the money you invest.
- Diversification does not ensure a profit or protect against a loss.
- Investments in Target Retirement Funds are subject to the risks of their underlying funds. The year in the fund name refers to the approximate year (the target date) when an investor in the fund would retire and leave the workforce. The fund will gradually shift its emphasis from more aggressive investments to more conservative ones based on its target date. An investment in a Target Retirement Fund is not guaranteed at any time, including on or after the target date.
