Women investors are re-considering their investment strategies, in part due to inflation and market uncertainty, a new report has found.
Nationwide's ninth annual Advisor Authority survey, released by the Nationwide Retirement Institute, found that 70% of women investors say inflation and signs of a potential recession have made them rethink if and when they can retire.
Part of the report's focus is on single women, who the report said face unique financial challenges. With recent market volatility and higher costs of living, single women investors have more worries about retirement, the study found. For single women, only three in 10 (31%) said they felt optimistic about their financial outlook for the next 12 months, compared to 39% of married women. In addition, 44% of single women investors say they are worried about their ability to afford monthly bills in retirement.
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