- Over half (51%) of American women ages 25 or older and 77% of low-income women ages 25 or older do not consider themselves to be financially secure.
- Women’s top concerns are the cost of housing, programs like Social Security and Medicare being cut, having enough savings to retire, and making those savings last through retirement.
- Three quarters of low-income women across racial groups say they do not have any rainy-day funds if an emergency were to occur.
- Nearly half of women (49%) say they do not have an employer-sponsored retirement plan.
- And 63% of low-income women say they are not confident they have the information to be able to successfully plan and save for retirement.
The surveys were conducted by Public Opinion Strategies along with Lake Research Partners. The first survey was conducted February 10-21, 2023 among 1,000 women ages 25 and older. The second survey was conducted March 27th to April 5th, 2023 among 204 low-income White women, 200 low-income Hispanic women, and 201 low-come African American women.
Read more about our findings here.