Both U.S. adults ages 25 to 45 and U.S. adults ages 50 and older seem to be a lot more interested in planning for post-retirement travel than for using post-retirement long-term care (LTC) services.
(Related: Nationwide Finds LTC Discussion Gap)
Analysts at the Nationwide Retirement Institute, an arm of Nationwide Mutual Insurance Company have reported that finding in summaries of results from an online survey of 1,000 U.S. residents ages 25 to 45, and a second survey of 1,462 U.S. adults ages 50 and older.
All of the "older adults" in the survey sample said they had investable assets of $50,000 or more, and either were retired or planning to retire within the next 10 years.
Financial Goals
For the younger adults, the top priority was paying off debt: 48% cited that as a goal for their financial investments.
"Traveling in retirement" ranked sixth on the financial goal list, with 28% citing that as a goal.