US. Dream Retirement Differs For Gays And Lesbians
When you hear retirement plan you might think that everyone has the same vision of lazy days, with not a care in the world and sipping cocktails on the beach. But it shouldn’t come as a surprise that many in the LGBT community have different goals when it comes to their dream retirement. These goals may only differ slightly but they differ all the same. How the LGBT community prepares for retirement also differs, according to a new report. The Aegon Center for Longevity and Retirement recently partnered with the Transamerica Center for Retirement Studies to survey the retirement goals of the LGBT community.
Compared to their heterosexual colleagues, LGBT employees are more likely to have taken the steps of drafting a written financial plan and planning for retirement. While this good news indicates the retirement readiness of many in the LGBT community, the study also reports that many gays and lesbians are less likely to save for retirement on a consistent basis. While there are many who take the step to plan, there are others who are less likely to save anything at all.
Read More: Forbes
