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1 in 4 women retirees say retirement is ‘not what they expected’: How employers, advisors can help

Offering employees one-on-one access to financial professionals as part of their plan can help women employees get retirement guidance that they might not otherwise pursue, according to Corebridge Financial.

By Lynn Cavanaugh | December 18, 2024 at 11:32 AM

When it comes to retirement for many women, expectations are not matching reality. New research from Corebridge Financial reveals that one in four women retirees say retirement is “not at all” what they expected.   

“In general, women are finding retirement to be more expensive and longer than they expected: 50% of retired women say retirement is more expensive than anticipated and 46% of women retired earlier than planned,” said Terri Fiedler, President of Retirement Services at Corebridge Financial. “The fact that women are finding themselves spending more time in retirement, while at the same time being faced with higher costs than anticipated points to the importance of creating an action plan early in your working years and thinking holistically about how you accumulate retirement assets and also make them last through retirement.”

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