How important life events impact total well-being. - CUPA-HR

It's life. Magnified.

How important life events impact total well-being.

PAGE 1

Understanding the

power of life events

When we think about life events, we tend to think about the big stuff--like getting married or having a baby. But everyday events also can have a big

impact. For instance, think about the last time

you had a reorganization at work--it likely

impacted your job satisfaction, but it

probably also had an effect on your stress level, and maybe even your overall happiness.

The average person in

our research experienced

At Fidelity, we emphasize the importance of being financially well, but we realize a person's total well-

four life events last year.

being is about more than just money. Our

latest research illustrates the powerful impact

events have on money, work, health, and life, and

may help you offer the right benefits to the right

people at the right time.

KEY FINDINGS

The most significant life events--good or bad--affect all four domains of well-being: money, work, health, and life.

Events outside of your control tend to hit the hardest.

The most impactful events may not be the ones you might expect.

PAGE 2

The four key domains of total well-being

To better understand the full impact of life events, we asked more than 9,000 people to tell us which events they experienced in the past year and how those events affected money, work, health, and life.

MONEY

Many life events that aren't primarily financial also impact

a person's budget, debt, savings and financial security.

MOST COMMON:

Took on debt

MOST POSITIVE:

Paid off debt

MOST NEGATIVE:

Took on debt

WORK

Events outside of work often impact performance, commitment, and motivation

on the job.

MOST COMMON:

New boss or manager

MOST POSITIVE:

Got a promotion

MOST NEGATIVE:

Reorganization

HEALTH

The connections between life events and health--including

stress, sleep and weight-- couldn't be more clear.

MOST COMMON:

Stopped regular exercise

MOST POSITIVE:

Started regular exercise

MOST NEGATIVE:

Stopped regular exercise

LIFE

Events involving family, friends, and leisure are central to our total wellbeing, and their impact is

wide-ranging.

MOST COMMON:

Adult children moved back

MOST POSITIVE:

Got married

MOST NEGATIVE:

Became a caregiver

PAGE 3

Measuring the impact of life events

This chart illustrates 14 common life events that have a significant impact on overall well-being. We have assigned each event a score to quantify its overall impact, as well as the impact to each domain.

Impact Positive

Life Event Paid o debt

Net Impact

Net Negative

Net Positive

Score -8

-6

-4

-2

0

2

4

6

8

7.8

4.6 0.9

1.7

Started exercising consistently

7.7

4.3

1.7 1.5

Got a promotion

4.3

2.1

2.8

Married/moved in w/partner

3.9

1.9

Neutral Got divorced/separated

1.1

-1.7

1.5 1.4

Bought a house/condo

0.8

-2.0

1.3 1.3

Negative Lost a parent

1.9

-0.9

Got a new boss or manager

4.0

-1.1 -1.5 -1.2

Birth/adoption of a child

5.2

Stopped exercising consistently 5.2

Adult children moved in

6.4

Took care of sick/elderly family

6.6

Reorganization at work

7.0

Took on debt

7.8

-2.4

-3.0

-1.2 -3.5

-1.8

-1.7

-3.0

-2.2

-2.5

-1.8

-3.0

-2.1

-1.7

-1.7 -1.6 -5.0

IMPACT BY DOMAIN MONEY WORK HEALTH LIFE

Domain impact of 0.8 or less (positive or negative) not labeled.

Read more about our methodology

PAGE 4

Click on the bubbles below to dig deeper into how specific events impact people's lives.

Divorce/ separation

Reorg at work

Got a promotion

New boss

A new home

Caregiving

Boomerang kids

Taking on debt

Marriage, cohabiting

Starting to exercise

New baby

X `X' marks the trouble spot

Read more about the impact of life events on the sandwich generation.

PAGE 5

 ................
................

In order to avoid copyright disputes, this page is only a partial summary.

Google Online Preview   Download