Daughters Expecting to Work Longer than Their Mothers
A MetLife poll comparing retirement planning and concerns between mothers and daughters found that while 74% of mothers indicated that they had retired before age 65, only 37% of daughters expect to do so. Daughters were more than twice as likely to indicate that they plan to work to age 65 or beyond (51%) as their mothers were to indicate that they actually retired at such an age (21%). Food for thought for any woman thinking about changing professions or opting out.
To see the full report, It's Not Your Mother's Retirement: A MetLife Study of Women and Generational Differences, visit http://www.maturemarketinstitute.com/