A quarter of all working women are leaving free money on the table that could set back their retirement
Briefly

from www.mercurynews.com3 months ago
A quarter of women working full-time, part-time, or seeking employment did not contribute to retirement savings between 2023 and 2024, compared to 16% of men.
www.mercurynews.comhttps://www.mercurynews.com/2024/11/02/a-quarter-of-all-working-women-are-leaving-free-money-on-the-table-that-could-set-back-their-retirement/
Research suggests that women feel misunderstood in the financial world, driving their behavior of saving less, and keeping more funds in cash increases financial stress.
www.mercurynews.comhttps://www.mercurynews.com/2024/11/02/a-quarter-of-all-working-women-are-leaving-free-money-on-the-table-that-could-set-back-their-retirement/
Despite challenges, 40% of women plan to contribute to an emergency fund and 38% intend to save more for retirement between March and September.
www.mercurynews.comhttps://www.mercurynews.com/2024/11/02/a-quarter-of-all-working-women-are-leaving-free-money-on-the-table-that-could-set-back-their-retirement/
The increase in retirement savings contributions among working women is notable, with 74% now contributing as of 2024, an increase from 70% in 2020.
www.mercurynews.comhttps://www.mercurynews.com/2024/11/02/a-quarter-of-all-working-women-are-leaving-free-money-on-the-table-that-could-set-back-their-retirement/
Read at www.mercurynews.com
#women-and-retirement #financial-confidence #retirement-savings #gender-pay-gap #financial-planning
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