Women Aren't LikeTheir Mothers When It Comes to Retirement
Daughters aren't like their mothers when it comes to how they plan to spend their retirement, according to "It's Not Your Mother's Retirement: The MetLife Study of Women and Generational Differences."
The study by the MetLife Mature Market Institute revealed that the younger generations of women will have a more active retirement with varied pursuits, including travel, social interaction and extended worklife. However, the survey noted that daughters will enter retirement with higher levels of consumer debt than their mothers and will have to make financial adjustments when they retire.
Read the press release and the complete study for more details. Also, check out MetLife's other research, including the Demographic Profile of Pre-Retirees, Demographic Profile of American Baby Boomers and Demographic Profile of the 65+ Population.
In other industry news:
- Del Webb is coming to the Greater Houston area. In partnership with local developer Caldwell Companies, Del Webb will open a new community in Sugar Land, a suburb in the southwestern part of Houston. The new Houston Del Webb community will have approximately 1,500 homes nestled among expansive open spaces and water features. Presales are expected to get under way in early 2009.
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