0100notes.htm EBRI Notes Vol. Working men and women are preparing similarly for retirement, but some of their attitudes differ on the topic of financial planning.
Data show that the preparations and planning for retirement among working women continue to improve.
At the same time, there remains a sizable proportion of women who have not begun to save for retirement and an even greater proportion who have not tried to determine how much money they will need in retirement. Also, women are less likely than men to take financial risks, no matter what the gain. This information, combined with the fact that, on average, women live longer than men and are more likely to leave and rejoin the work force, could affect a woman's ability to save adequately for retirement. Continued efforts to reach those who are not saving will help to ensure a comfortable retirement for all women. Congress is scheduled to return to work following President Clinton's final State of the Union message on Jan. 27.