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.

Overall, only 37.3 percent of participants are confident in making their own investment decisions, which dropped from 42.5 percent last year. The survey indicates there is more anxiety about having adequate savings to retire. Overall, 66.6 percent say they are concerned they won't have enough saved for retirement with both men and women saying they are becoming more conservative in terms of their investing behavior.