US insurance firm report finds women’s retirement savings just 1/3 of men’s

Retirement News

US insurance firm report finds women’s retirement savings just 1/3 of men’s
SavingsPersonal FinanceSenior Citizens
  • 📰 gmanews
  • ⏱ Reading Time:
  • 23 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 68%

Latest Philippine news from GMA News and 24 Oras. News, weather updates and livestreaming on Philippine politics, regions, showbiz, lifestyle, science and tech.

NEW YORK — Women in the US have saved just a third of the amount that men have set aside for retirement, setting up a potential crisis among female retirees, according to a Prudential Financial survey released on Monday.Men had saved a median $157,000 for retirement, while women had only put aside $50,000, according to a survey of 905 US adults between the ages of 55 and 75.

"Women have a more challenging time saving for retirement," she added, citing inflation, housing prices and changes in tax policies as the main barriers.Compared with the men surveyed, women were three times more likely to be focused on providing for their families and children than saving.Of the respondents, 46% of men said they were looking forward to retirement and had more plans, compared with 27% of women polled, the survey showed.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

gmanews /  🏆 11. in PH

Savings Personal Finance Senior Citizens Business And Industry

Philippines Latest News, Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Philippine elections | Results and latest newsPhilippine elections | Results and latest newsRappler’s coverage of Philippine electoral exercises: presidential, national and local, barangay and Sangguniang Kabataan, special elections, and plebiscites. We provide news, in-depth reports, analyses and opinion, data, video and podcasts, and community engagement.
Read more »

US storms kill at least 21 across 4 statesUS storms kill at least 21 across 4 statesLatest Philippine news from GMA News and 24 Oras. News, weather updates and livestreaming on Philippine politics, regions, showbiz, lifestyle, science and tech.
Read more »

14-time champ Rafael Nadal knocked out in French Open first round14-time champ Rafael Nadal knocked out in French Open first roundLatest Philippine news from GMA News and 24 Oras. News, weather updates and livestreaming on Philippine politics, regions, showbiz, lifestyle, science and tech.
Read more »

Alice Guo's lawyer says photos to prove her mom's Filipino, hoping for DNA testAlice Guo's lawyer says photos to prove her mom's Filipino, hoping for DNA testLatest Philippine news from GMA News and 24 Oras. News, weather updates and livestreaming on Philippine politics, regions, showbiz, lifestyle, science and tech.
Read more »

Rape suspect nabbed at birthday party after 9 yearsRape suspect nabbed at birthday party after 9 yearsLatest Philippine news from GMA News and 24 Oras. News, weather updates and livestreaming on Philippine politics, regions, showbiz, lifestyle, science and tech.
Read more »

Wind signals lifted as Aghon weakens, moves awayWind signals lifted as Aghon weakens, moves awayLatest Philippine news from GMA News and 24 Oras. News, weather updates and livestreaming on Philippine politics, regions, showbiz, lifestyle, science and tech.
Read more »



Render Time: 2025-02-15 12:48:12