What do you do if workplace safety concerns are affecting your retirement planning?

2 Know Rights

Familiarize yourself with your rights regarding workplace safety. Occupational Safety and Health Administration (OSHA) regulations mandate that employers provide a safe work environment. You have the right to speak up about hazards without fear of retaliation. If you're unsure about your rights or how to approach safety concerns, consider seeking advice from a professional or a workers' rights organization. They can provide guidance on how to address issues with your employer and ensure that your concerns are taken seriously.

4 Financial Strategy

Adjusting your financial strategy may be necessary if workplace safety concerns are likely to affect your retirement plans. This might involve increasing your savings rate to account for potential medical expenses or planning for an earlier retirement if continuing in your current role is not sustainable. Consult with a financial advisor who can help you understand how to adjust your investment strategy and savings goals to accommodate these new considerations.

5 Health Focus

Your health is an invaluable asset, especially as you approach retirement. Prioritize it by seeking regular medical checkups and being proactive about any work-related health issues. Early detection and treatment of health problems can prevent them from becoming more serious and costly in the future. Additionally, consider lifestyle changes that can bolster your health, such as exercise, proper nutrition, and stress management techniques. Taking care of your health now can pay dividends in ensuring a more secure and comfortable retirement.

6 Advocate Change

Lastly, don't underestimate the power of advocacy. If safety concerns at your workplace are systemic, consider banding together with colleagues to push for change. A collective effort can often be more effective in implementing new safety protocols or policies. By advocating for a safer work environment, not only do you protect your own retirement plans, but you also contribute to a better workplace for everyone. Change can be incremental, but every step toward a safer work environment is a step toward a more secure future for all employees.

7 Here’s what else to consider

This is a space to share examples, stories, or insights that don’t fit into any of the previous sections. What else would you like to add?