'Worrying' gender divide when it comes to retirement regrets

Nearly four-in-ten women had regrets about their retirement decisions

Ayesha Venkataraman
clock • 2 min read

Women are more likely to regret their retirement decisions and are less confident that their savings will give them the lifestyle they want compared to men, according to the latest research by 7IM.

The research highlighted that retirees wanted robust, flexible retirement solutions and that around  one-in-three retirees (32%) would make different decisions about what they would do with their retirement savings if they were given another chance. When split by gender, nearly four-in-ten women (38%) had regrets about their retirement decisions compared to just over a quarter of men (26%). Additionally, just 36% of women felt very confident or extremely confident that their savings would allow them to maintain a comfortable lifestyle in retirement compared to 52% of men, it said. ...

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