Men Far More Secure About Retiring
A OneAmerica survey found that 44% of men are “confident” or “very confident” they will be able to comfortably retire.
By comparison, 33% of women said they were “confident” or “very confident” they
would be able to maintain their current lifestyle in retirement, according to
the survey of 6,360 retirement plan participants, conducted by OneAmerica
subsidiary American United Life Insurance Co. Accordingly, 44% of women said
they were “not sure” they would be able to maintain their current lifestyle in
retirement, but only 36% of men shared this sense of doubt.
“These findings help underscore how important it is for plan sponsors to understand where the
gaps are in perception, education and confidence in order to target different
groups of employees with important messages that help them to prepare for
retirement,” said Marsha Whitehead, vice president of marketing communications
for the retirement services division of OneAmerica.
Whitehead added that OneAmerica is sharing the results of the survey with its
plan sponsor clients to further interest in a communications program it
developed for different subset participants in retirement plans. Women, in
particular, need additional education on savings and retirement planning, she said.