Surely you've seen the bumper sticker that reads: "Failure to plan on your part does not constitute an emergency on my part." The slogan may seem a tad harsh, but some exasperated HR managers must have days when they embrace the sentiment. And the exasperation is sometimes warranted when it comes to trying to convince employees to prepare for retirement. Despite the reality that employer pension plans can no longer be looked to as the sole or primary source of income for retirees, an alarming trend persists among a percentage of U.S. workers: failure to plan for retirement.

Retirement benefits are prized by most U.S. workers, so much so that "retirement or pension plans" was cited by 76% of 1,200 adults who were asked to identify workplace benefits and characteristics most important to them. The poll, conducted by the Center for State and Local Government Excellence, found that retirement benefits ranked among the top four things that matter most to respondents, following health insurance, job security and clear policies and procdures (Elmer, 2008).

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