The Employee Benefit Research Institute released results from its 2022 Retirement Confidence Survey on Sept. 1. The findings revealed several differences between married and unmarried female workers, according to a release shared with Becker’s.
Six key takeaways:
- Fifty-six percent of never married and 58 percent of divorced female workers have less than $25,000 in assets, compared with 27 percent of married female workers.
- Married women are more confident that they have enough money to retire comfortably than single women.
- Divorced and never married female workers are less likely to say they feel knowledgeable about financial management.
- Married female workers prioritize retirement savings more than divorced or never married female workers.
- Forty-nine percent of married female workers have done a retirement needs calculation, compared to 35 percent of divorced or never married female workers.
- Divorced and widowed women are 9 percent more likely to retire earlier than planned than married women.
