Survey Points to Feelings of Retirement Insecurity Among Women
A survey sponsored by the National Council on Aging and the Women’s Institute for a Secure Retirement. The poll of 1200 U.S. women aged 25 and older, conducted by Public Opinion Strategies and Lake Research Partners, reports that more than half do not feel financially secure, with over three-quarters of those in low-income situations expressing this concern. As a result of this unease, 62% of the respondents appear inclined to delay retirement, citing continued inflation as a factor. Interestingly, when questioned about what policy changes would help alleviate their fears, 94% of the respondents suggested changes to cost-of-living adjustment that would more accurately reflect the cost of housing and health care. Read the full article by Benefits Canada staff here.