Transamerica Center for Retirement Studies explores actionable approaches for women to better engage and successfully prepare for retirement.
Women of all ages share dreams of retirement that include traveling, spending time with family and friends, and pursuing hobbies, but only 8 percent strongly agree that they are building a large enough retirement nest egg, according to research released by the non-profit Transamerica Center for Retirement Studies®.
As part of its 12th Annual Transamerica Retirement Survey, the Center surveyed over 1,800 American women workers to understand where their outlook stands today and what approaches could help them make their retirement futures brighter.
Women don’t talk enough about retirement
Friends and family are the most frequently cited go-to sources of retirement planning and investing information among women (37 percent). The problem is that women aren’t talking about it enough; only 8 percent talk about retirement planning “frequently” and 30 percent of women “never” talk about it with family and friends.
The Survey highlighted opportunities and inspired questions about retirement planning for women to start the conversation with family and friends. Please read more in the press release or download the study.