This USA Today story highlights a recent Schwab study. It found that over 84% of boomers anticipate their quality of life in retirement will be better than that of their parents. More than 80% of boomers also believe their retirement will be better than their children’s.
Do you agree with these stats? Is the quality of life in retirement primarily focused on how much money is accumulated? Did respondents to the survey answer the question with that in mind? How did people factor in health, purpose, connections, and a host of other non-financial factors into why they responded the way they did.
The article provides good food for thought.
