Filed Under:Life Insurance, Life Planning Strategies

Survey flags retirement gender gap

Only 25 percent of all respondents think that their retirement will be better than previous generations'.
Only 25 percent of all respondents think that their retirement will be better than previous generations'.

More than nine in 10 Americans not yet retired anticipate their retirement expenses to be similar to or less than pre retirement spending. And more than one-third of pre retirees (39 percent) have not yet started saving for retirement, according to a new report.

Franklin Templeton Investments disclosed these findings in its 2014 Retirement Income Strategies and Expectations (RISE) Survey. The annual survey, which polled 2,011 Americans ages 18 and over, found that the concept of retirement is laden with contradictions in both attitude and preparedness.

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Nichole Morford

Nichole Morford
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