Gender Differences in Retirement - Wed May 11

A Merrill Lynch survey pointed out differences in how men and women expect to spend time in retirement. With regards to activities they plan to pursue once retired: 86% of Woman vs 66% of Men plan to travel, 74% of Women vs 60% of Men want to pursue a hobby, 64% of Women vs 43% of Men want to be involved in the community and 62% of Women vs 41% of Men want to do charity work. An implication of this is that Women appear to be more active in retirement than Men. Maybe that explains why they have a longer life span on average, and their plans need to reflect that as they are dragged into their rocking chairs kicking and screaming.