
20. Only 32% of women currently use a professional financial advisor.
19. One in four women (25%) have a financial strategy for retirement in the form of a written plan.
18. More than four in 10 women (43%) expect they will need to provide financial support to a family member(s) (other than spouse/partner) while they are retired. Twenty-three percent of women expect to receive financial support from their family while they are retired.
17. Few women (19%) frequently discuss saving, investing, and planning for retirement with family and close friends.
16. Women estimate they will need to save $500,000 (median) to feel financially secure in retirement but, among those providing an estimate, 52% say that they “guessed” their needs.
Next: The 15-11 Facts Concerning Women’s Retirement