Older woman and younger (Photo: Shutterstock)

Inflation is shaking women’s financial confidence and could be derailing their retirement plans. Nearly two-thirds of women said they are either expecting to retire later than originally planned or don’t believe they will be able to retire at all, compared with 47% of men.

This is a significant increase from 2021, when only one in four women expected to postpone or cancel their retirement due to the COVID-19 pandemic, according to a Nationwide Retirement Institute survey of employer-sponsored retirement plan participants and sponsors.



Join BenefitsPRO

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

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

Already have an account? Sign In Now
Join BenefitsPRO

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