Women Take Charge
The recent M.O.O.D. of America (Measuring Optimism, Outlook, and Direction) survey presented by Lincoln Financial Group reveals that women are decidedly more optimistic than men, with three-quarters of women saying they are optimistic about the future compared to only two-thirds of men.
The survey uncovered that 79% of "take charge" women feel that there are no limits to what they can do or accomplish, and a vast majority (93%) believe they can always find a way to solve their problems. In addition, individuals in control of their lives generally feel that success in life is determined by forces within their control.
M.O.O.D. of America Survey
A recent survey sponsored by Lincoln Financial Group reveals the actions and attitudes of individuals who feel optimistic and in control of their lives, suggesting lifestyle choices we can all adopt to feel more empowered.
Lincoln Financial Life Stages Survey: Long-Term Care (2010)
Healthcare costs are skyrocketing and forecasts predict a dramatic increase in the number of people requiring long-term care in the near future. In such a scenario, how are most Americans preparing to fund potential long-term care expenses? A recent survey uncovers some telling statistics on the subject Long-Term Care Solutions.
The 2008 Lincoln RetirementSM Institute (LRI) survey released on June 3 indicated that take-charge baby boomers are knowingly ignoring the potentially devastating expenses associated with long-term care. The online survey of more than 1,000 adults 5070 years of age, who have household incomes of at least $75,000 and 226 respondents who have been working as financial planners or advisors for at least three years revealed the so-called "Overconfidence Effect" which keeps the baby boomer generation from acknowledging the emotional and financial tolls long-term care challenges can bring. This survey uncovered a dichotomy between what boomers envision for their personal retirement futures and what they expect their peers to face in retirement. Long-term care is a tough topic for people to face, one that many would rather not think about or plan for, yet 85 percent of those surveyed acknowledge that it would be much wiser to purchase long-term care insurance to protect themselves and their loved ones. Ultimately, this survey was designed to help baby boomers better navigate retirement.
In 2007, the Lincoln RetirementSM Institute asked baby boomers and retirees to look to the future for answers about the present and have a Conversation with Your FutureselfSM. Released on November 29, 2007, the futureself survey asked baby boomers and retirees (ages 42+) to imagine what their futures in retirement will be like and reflect on the decisions they have made in the past. Overall, the survey shows respondents are cautiously optimistic. They are also concerned about becoming a financial burden to family, interested in the future welfare of loved ones, are influenced by trigger events that cause them to start thinking about retirement, understand their personal responsibility to plan for their retirement years and are fairly evenly divided in terms of "savers" versus "splurgers." The futureself approach and the survey are an opportunity to stimulate conversation around retirement goals and the importance of financial planning.