Friday, February 08, 2008
New Sun Life Financial Survey Reveals Pre-Retirees Estimate Spending up to $600,000 on Desired Activities During Retirement
A new survey released today by the U.S. division of Sun Life Financial Inc. reveals that while today’s retirees are experiencing higher than anticipated expenses, they do not plan on reducing spending on desired activities. Not including normal living expenses, respondents in their 50s, 60s and 70s expect to spend up to $600,000 on additional activities, such as travel, a second home or luxury items, during retirement.
New Sun Life Financial Survey Reveals Pre-Retirees Estimate Spending up to $600,000 on Desired Activities During Retirement Source: Yahoo! Finance
New Sun Life Financial Survey Reveals Pre-Retirees Estimate Spending up to $600,000 on Desired Activities During Retirement Source: Yahoo! Finance