Retirees who are married or living with a significant other have fewer financial regrets than those who are single, Global Atlantic Financial Group reported Monday.
Sixty-four percent of single retirees in a survey said they had retirement planning regrets, compared with 49% of retirees in relationships. Forty-five percent of singles regretted not having saved enough money, and 28% fretted about relying too much on Social Security, compared with 30% and 15% of those in relationships.
The data came from Global Atlantic’s retirement spending study, released in December.
Echo Research, a global market analytics firm, conducted the online survey in mid-September among 4,223 participants, half retirees and half non-retirees. The study included an oversample of the 10 most populous states, though not including North Carolina because of effects of Hurricane Florence on the state.
“The findings may speak to the human tendency to want to plan better when the well-being of a loved one is involved,” Paula Nelson, president of Global Atlantic’s retirement division, said in a statement.