Transamerica Center for Retirement Studies (TCRS) published its annual research study on women and retirement. For more than a decade TCRS has published research showing that women are at greater risk of not achieving a financially secure retirement compared to men.
Findings from the TCRS 2016 national survey of working women include:
The facts are startling and clear. Women must begin taking greater control and gain an understanding of their true retirement outlook. By confronting challenges head-on, women can acquire essential knowledge about how to achieve financial security and create plans that can help mitigate risks and steer them on a course for financial security and a more positive outlook for their retirement ambitions.