A Wells Fargo news release about its latest poll of attitudes about retirement issues said single women were most concerned about inflation: 48% said it would have a high impact on their retirement plans vs. 29% of single men. Some 40% of married women said it would have a high impact on their retirement plans versus 33% of married men.
Twenty percent of married women are more likely than single women (12%) to say they don’t know or can’t estimate how much they’ve saved for retirement.
According to the news release, other findings included that:
- 70% of women agreed the government should provide a universal savings vehicle for those without a 401(k) (vs. 60% of men). Single women were most supportive (77%); married men, least supportive (58%).
- Single Americans are more likely to have a written retirement plan than those who are married – 38% of single women and single men have one, compared to 32% of married men and 29% of married women.
On behalf of Wells Fargo, Harris Interactive Inc. conducted 1,756 telephone interviews of middle-income U.S. residents in their 20s, 30s, 40s, 50s and 60s. The interviews were conducted between September 9 and October 7, 2010.
More information is at a new Wells Fargo Web site on women’s retirement issues at https://www.wellsfargo.com/beyondtoday.