Retirement is Women’s New Financial Frontier
By IleanaBravo on February 04, 2011
A newly-released national survey has found that women are focusing their attention on their financial future; specifically how to transition to the retirement years. The Wells Fargo 6th Annual Retirement Fitness Survey, reveals that women are worried about having a secure retirement. Here are some of the statistics the survey found.
- Women are less optimistic about having a secure retirement: only 54% of women say they are “confident” they will have enough saved to “live the life they want” in retirement, compared to 62% of men.
- Women have saved less than men: While both men and women are underfunded for retirement, women have saved less than men – a median of $20,000, compared to $25,000 for men.
- Women have less confidence in the stock market as a place for investment gains: just 27% of women have confidence in the stock market, compared to 40% of men.
Harris Interactive Inc. conducted the study on behalf of Wells Fargo, interviewing 1,756 middle-income U.S. residents in their 20s, 30s, 40s, 50s and 60s, surveying attitudes and behaviors about planning, saving and investing for retirement. The study was focused on women.
Follow BlogHer on LinkedIn: http://www.linkedin.com/groups/BlogHer-28615
More Like This
Recent Posts by IleanaBravo
Most Popular on BlogHer
Most Popular on Work/Life
The Ultimate Litter Experience
We tried Cat’s Pride® Fresh & Light® Ultimate Care™ because of its high absorbing clay for great lightweight performance. Check out our reviews and videos and see why we choose to buy Cat's Pride for our furry friends. Plus get a chance to win $100!
Recent Comments on Work/Life