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Evolving policies about LGBT benefits create opportunities for brokers and advisors as they seek to help HR engage this increasingly important demographic.

Research

LGBTQ retirees, pre-retirees take bigger retirement risks

But they plan to work longer than the general population, with 62 percent saying they will retire in 11-15 years.

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two women in wedding dresses When it comes to investing money for retirement, 65 percent of LGBTQ respondents say they’re in growth- rather than preservation-oriented assets . (Photo: Shutterstock)

They see the need for caution. But compared to other retirees and pre-retirees, lesbian, gay, bisexual, transgender, or queer Americans actually take bigger investing risks.

Marlene Satter

Marlene Satter

Marlene Y. Satter has worked in and written about the financial industry for decades.

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