15 Facts About Women's Retirement Outlook
Today’s women are better educated and enjoy career opportunities that our grandmothers’ generation could only dream about. However, even today, a woman’s path to a financially secure retirement is filled with roadblocks and detours, such as lower pay and time out of the workforce for parenting or caregiving. A bitter irony is that women are lagging behind men in terms of saving and planning for retirement and yet, statistically speaking, women tend to live longer which implies an even greater need for savings and preparations.
15 Facts About Women's Retirement Outlook is a short report highlighting women's unique retirement risks. It is based on findings from the 15th Annual Transamerica Retirement survey of more than 4,100 workers in 2014. The report offers comparisons of women and men.