NEW YORK — Women may be less likely than men to focus on financial planning.
Genworth Financial Inc., Richmond Va. (NYSE:GNW), has published figures supporting that conclusion in a summary of results from an online consumer survey of 1,046 U.S. adults ages 18 and older. The survey team asked participants about their thoughts about financial well-being and living a balanced life.
Genworth found that 54% of the men said they focus on planning for their financial health at least once a week, compared with only 42% of the women.
However, 73% of the women said they believe financial well-being is important to living a balanced life, compared with 62% of the men.