Saving For Retirement Is The Most Stressful Financial Issue For Adults, Survey Finds, So Here's How To Overcome It

Hannah Burton/Bustle

When it comes to money and finances, what stresses you out the most? According to Bank of America Merrill Lynch's 2017 Workplace Benefit Report, they found out the most stressful financial issue for adults. The good news? There are ways to overcome it. I know, you may be thinking: but all financial issues are stressful. I hear you. However, this one was the primary one, the report found — that the #1 financial issue employees struggle with is saving for retirement, including 43 percent of millennials. On top of which, millennials also said they spend an average of four hours a week poring over their personal finances at work, and 67 percent said their financial stress interferes with their ability to focus and be productive at work. Can you relate? I doubt I'm the only one...

But back to retirement. If someone asked you right now how much you have set aside for retirement, would you be able to answer them? Even if you have none to very little, it's not too late to start.

Sylvie Feist, Director of Financial Guidance Services at Bank of America Merrill Lynch, has some ideas. "Find the cash," she tells Bustle. "If it's tough to start saving because you may feel like you're barely managing your rent, or possibly dealing with student loan payments, take a close look at your monthly spending habits and think about ways to free up cash and/or save on the things you do spend your money on. Cutting down on small luxuries can add up to big savings when spread across a year, or more."

After all, from eating food out to those items you may buy that you don't need, many people waste money when they could save those funds for the future instead. Below are more ways to save for retirement, because the struggle is real and can cost you — figuratively and literally.