Women have a more negative view of their financial health than men, even if they’re in good shape financially.
That’s according to Prudential’s Financial Wellness Census, which finds that among financially healthy women, 10.1% have a negative view of their money situation, compared with just 6.3% of financially healthy men. And in case you were wondering, the same holds true, with no statistically significant difference, among women who aren’t financially healthy.
Prudential defined “financially healthy” as doing better than average, based on income levels, savings and debt; 46% of respondents fit this description, while 54% were doing worse than average.
On average, women have saved 43% less for retirement than men. In addition, 46% say they have no retirement savings at all.