Twenty-Three Facts That Illustrate Women's Risky Retirement Outlook
LOS ANGELES, Nov. 7, 2023 /PRNewswire/ -- Only 19% of women workers are "very" confident that they will be able to fully retire with a comfortable lifestyle, according to 23 Facts About Women's Retirement Outlook, a survey report released today by nonprofit Transamerica Center for Retirement Studies® (TCRS) in collaboration with Transamerica Institute.
- These factors impair a woman's lifetime earnings, retirement savings, and government and employer benefits.
- These 23 facts illustrate key indicators and contributing factors to the retirement outlook of women workers:
More than half of women (57%) feel they don't have enough income to save for retirement. - "Everyone must play a role in improving women's retirement security so that all women can retire with dignity," said Collinson.
- 23 Facts About Women's Retirement Outlook is a comprehensive report with detailed survey findings and comparisons with men, and it includes a fact sheet for quick reference.