Search
 

Women worry about money more than men, survey shows

Women worry more than men in regards to saving and have lower confidence in investment decisions than men, a new survey finds.

By Kathryn Mayer | Updated on May 01, 2011

Women worry more than men in regards to saving and have lower confidence in investment decisions than men, a new survey finds.  MassMutual’s Retirement Services Division conducted an online survey between Nov. 15, 2010 and Jan. 15, 2011, of 1,517 participants in retirement plans on the MassMutual platform.

It found that men believe the stock market will improve in the next year at a ratio twice that of women. Women were significantly less confident in making their own investment decisions (25.9 percent) compared to men (44.1 percent). At the same time last year, the percentages were 32.8 percent for women and 47.8 percent for men. Men also enjoy learning about investments (71.7 percent) more than do women (54.4 percent), with about half of women responding that they prefer to spend as little time as possible on investment decisions.

Complete your profile to continue reading and get FREE access to BenefitsPRO.com, part of your ALM digital membership.

Your access to unlimited BenefitsPRO.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical BenefitsPRO.com information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com

Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Recommended Stories

BenefitsPRO

Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2024 ALM Global, LLC. All Rights Reserved.