A new study on women’s retirement planning perspectives finds that 8 in 10 women have concerns about saving enough for retirement, according to new research.
The Insured Retirement Institute (IRI) discloses this finding in a new report. The IRI study, conducted by Greenwald & Associates, is based on a survey of 1,002 Americans, including 701 women and 301 men, who earn at least $30,000 annually. Respondents were between the ages of 25 and 65.
The survey reveals that most (54 percent), of women saying they are “very concerned” about the level of their retirement states. The report also finds that women, compared to their male counterparts, have more concerns about financial issues and their ability to retire.
For example, 54 percent of women are very concerned about being able to retire when they want to. And 53 percent of women are very concerned about being able to afford the lifestyle they want throughout retirement.
This compares to 34 percent and 36 percent of men, respectively.