Image Credit: © Yuri Arcurs | Dreamstime.com
  • 24. Women could be doing more to protect their long-term health. Given the magnitude of what is at stake, relatively few women socialize with family and friends (54%), eat healthy (54%), exercise regularly (53%), and get enough sleep (52%). Even fewer women engage in other activities that are necessary for safeguarding one’s health (e.g., seeking medical attention when needed, getting routine physicals and recommended health screenings).
  • 23. Many women could be more proactive about ensuring they can work as long as they want and need. Just 57% say they are staying healthy, while only 53% are focused on performing well at their current job. Fewer than half (48%) are keeping their job skills up to date.
  • 22. Half of women (50%) expect to retire after age 65 or do not plan to retire – and 53% plan to work in retirement. Among women who plan to work past age 65 and/or in retirement, more cite financial reasons (82%) than healthy-aging reasons (75%).

  • 21. Just four in 10 women (40%) are aware of the Saver’s Credit, a tax credit for eligible taxpayers who save for retirement in a qualified workplace retirement plan or IRA.
  • 20. Just four in 10 women (40%) are aware of the Saver’s Credit, a tax credit for eligible taxpayers who save for retirement in a qualified workplace retirement plan or IRA.
  • 19. Only 29% of women currently use a professional financial advisor.
  • 18. One in five women (20%) have a financial strategy for retirement in the form of a written plan.
  • 17. Few women (17%) 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 alarmingly more than half (55%) say that they “guessed” their savings needs.

SEE NEXT: The 8-15 Facts About Women’s Retirement Outlook

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