More than half (71%) of middle-income Hispanics feel they are behind on preparing for retirement as opposed to 63% of the general population, according to a recent study commissioned by Massachusetts Mutual Life Insurance Company. However, the survey also found that 63% of Latinos wish their employers would provide a greater degree of education on saving for retirement.

The Mass Mutual Hispanic Middle America Financial Security Study also shed some light on the types of financial services Hispanics are seeking from their employers. About 79% want financial planning services, 70% want Social Security counseling, 68% want budgeting assistance, and 54% want tuition reimbursement. Each of these options was preferred by a larger percentage of Latinos than people among the general population, the study found.

Hispanics may also be more welcoming of professional financial advice. The study revealed that while 49% of the general population said it’s inappropriate for their employers to be involved in their personal finances, this sentiment was shared among only 38% of Hispanics. Moreover, 53% of Hispanics said they felt financial companies wanted to help people like them.

“It is no surprise that our study found that Latinos in the workforce would welcome additional financial help and guidance from their employers,” says David Hufnagel, Latino market director, MassMutual. “In fact, our research revealed that Latinos show much more interest in employer-offered financial planning/counseling services, especially budgeting assistance and debt counseling, than other consumer segments.”

These services can help this segment of the population address vast concerns that are threatening their financial wellness. The study found 49% of Latinos say they don’t understand how to save and invest appropriately for their situation, and 43% struggle to make ends meet. Moreover, three in 10 say they have less than $500 saved for emergencies. Only 5% had $50,000 or more saved for emergencies and 17% had virtually nothing saved at all. About 37% of Latinos said managing household finances was at least somewhat difficult, and 51% cited high levels of debt. In fact, debt and bills topped the list of financial concerns among Latinos. More than half say they worry about household finances at least once a week.

Read more: Latinos Seeking Retirement Planning Assistance from Employers