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.

 

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