More than half of women are just guessing at how much money they’ll need to feel secure once they retire. (Photo: iStock)

Women are likely to live longer and thus likely to need more money during retirement, but since they make less, save less, and are less confident about having a comfortable retirement, the odds are not in their favor.

According to a research report from the Transamerica Center on Retirement Studies, women face a precarious path to retirement. The report, based on findings from TCRS’ 17th Annual Transamerica Retirement Survey of Workers and released in conjunction with National Women’s History Month, finds that few women have a high level of confidence about their future retirement. Only 1 in 10 are “very confident” they will be able to retire comfortably.

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

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

  • Critical 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 events.
  • Access to other award-winning ALM websites including and

Already have an account?


© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.


Join BenefitsPRO

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

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

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2023 ALM Global, LLC. All Rights Reserved.