Today’s women are often better educated and have made greater strides toward career fulfillment than thought possible 50 years ago. In the U.S. alone, women are expected to control $34 trillion (roughly 38%) of investable assets by 2030. That figure was just $7.3 trillion, or 29%, 10 years ago, according to McKinsey & Co.
Despite that, less than half (46%) of women in their working years feel like they are on the right track for retirement. Of those retired, only 19% find retirement to be exactly what they expected, according to the 2024 Women Speak Out on Money Matters survey from Corebridge Financial, with 26% going as far as to say that retirement is not at all what they expected. What is the most common retirement surprise? Cost, with 50% of retired women saying retirement is more expensive than anticipated.
