08.15.22
After 50 Years of Progress, How Prepared Are Women for Retirement?
by: Alicia Munnell
Researchers at the Center for Retirement Research at Boston College recently completed a study to assess the retirement preparedness of women in the wake of Title IX of the Education Amendments of 1972. The ultimate purpose of retirement wealth is to support people’s preretirement standard of living in retirement. Using projected retirement income as a percentage of preretirement earnings, the study found that never married and mostly single women are now as well prepared for retirement as their mostly-married counterparts. The conclusion, then, is that mostly-single and never-married women do not appear to have undone their economic gains since Title IX’s passage by opting to spend more time on their own. They have gained both income and wealth, and are as well prepared for retirement as married couples.
Read the full article on MarketWatch