City Club of Boise Virtual Conversation: Is retirement only a dream for many in Idaho’s workforce

The retirement savings landscape is changing. Can Idaho help make it easier?

Just 36 percent of working Americans think their retirement savings are on track, according to the Federal Reserve. A full quarter of American workers haven't saved a dime. In Idaho, the statistics are just as grim. A state Office of Performance Evaluation report found this year that just four in ten Idaho private-sector workers have a retirement plan at work — and the smaller the business, the less likely it is to provide one. Yet studies show that this kind of set-it-and-forget-it payroll deduction has a significant impact on a person's retirement savings.

"The lack of retirement savings means that people have a lower quality of life and must rely on safety net programs to a greater extent than they would otherwise," the Idaho report stated. "As such, many policymakers see retirement savings as a state financial issue in addition to an individual one."

Join the City Club of Boise Nov. 5 to hear from three experts on how the retirement landscape is changing, what states are doing to help, and how efforts brewing in Idaho could boost small businesses across the state.

Panelists

1. Angela Antonelli, Georgetown Center for Retirement Initiatives
2. Françoise Cleveland, Associate State Director, Advocacy, AARP Idaho
3. Pam Eaton, Idaho Retailers Association and the Idaho Lodging Association

Moderator: City Club of Boise board member Jeremy Parksinson

This program will be delivered online using the Zoom platform.

Registration: https://cityclubofboise.z2systems.com/np/clients/cityclubofboise/eventRegistration.jsp?event=608& 

This program is free, thanks to the support of our generous sponsors. City Club of Boise's Premier Sponsor is Northwest Nazarene University and the NNU College of Business and our Annual sponsor is St. Luke's Health Systems.