LGBTQ+ Consumers Have High Retirement Savings Goals: Survey

LGBTQ+ Consumers Have High Retirement Savings Goals: Survey

What You Need to Know

LGBTQ+ respondents feel they should save 20% of their salary for retirement, vs. 15% for the broader population, Lincoln Financial Group found.

They are also more likely to have increased their retirement plan contribution rate in the last year. Fifty-four percent of LGBTQ+ savers are interested in an in-plan income solution, vs. 46% of the broader population. Members of the LGBTQ+ community feel that they should save a median 20% of their annual salary for retirement, compared with 15% for the broader population, according to a survey released this week by Lincoln Financial […]

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