Nearly 57 million people, or 48 percent of U.S. private-sector employees aged 18 to 64, work for employers that do not offer a traditional pension or a retirement savings plan, according to a study released by AARP.

Many of these workers want to save. They just have no structure or access through their employer. Without a plan in place, long-term financial pressure increases for households and retirement readiness continues to decline.

Thoughtful Advisors believes all workers should have the opportunity to build a thoughtful savings plan for themselves and their families. Savings solutions are designed to fit different budgets, business sizes, and workforce structures without adding unnecessary strain on employers.

When businesses do not offer savings plans or pensions, employee morale can be adversely affected and retention will be harder. Financial stress affects productivity. Talent looks elsewhere for stability. Over time, this creates operational and cultural risk that is avoidable with the right structure in place.