Millennial women and men approach retirement planning and saving with very different concerns, according to a recent survey by Schwab Retirement Plan Services.
Far more millennial women than men reported uncertainty and stress related to saving for a comfortable retirement.
Asked whether having robust health or enough money for a good retirement was of more concern, 70% of women and 46% of men said having enough money concerned them more, while 54% of male respondents and just 30% of female ones said good health was the greater concern.
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Michael S. Fischer
Michael S. Fischer is a longtime contributing writer for ThinkAdvisor. He previously reported on trade and intellectual property topics for the Economist Intelligence Unit and covered the hedge fund industry for MARHedge and Reuters News Service.
