Women More Likely Than Men to Have No Retirement Savings

Those who married once more likely than others to have retirement savings. Learn more in this America Counts story.

America Counts: Stories Behind the Numbers Women More Likely Than Men to Have No Retirement Savings Many adults approaching retirement age may not be financially prepared to retire: 49% of adults ages 55 to 66 had no personal retirement savings in 2017, according to the U.S. Census Bureau's Survey of Income and Program Participation (SIPP). How many times you marry and whether you have children with one or more partners can have continual and lasting impacts on retirement finances. Read More SIPP is uniquely able to assist in this research as it collects data on all members in the household, marital history, fertility history (including multiple partner fertility) and retirement savings. The analyses in this story are based on 2018 SIPP data. About 50% of women ages 55 to 66 have no personal retirement savings, compared to 47% of men. Continue reading to learn more about: How marital history affects retirement savings How children impact retirement savings The impact of multiple marriages on retirement savings Help us spread the word about America Counts. Share this story on social media or forward it to a friend. Share This You May Be Interested Gaps in the Wealth of Americans by Household Type in 2017: The 2017 Survey of Income Program Participation shows household wealth gaps. Home equity and retirement accounts make up 61.7% of household wealth. Learn More About America Counts America Counts tells the stories behind the numbers in a new inviting way. It features stories on various topics such as families, housing, employment, business, education, economy, emergency management, health, population, income and poverty. Contact our Public Information Office for media inquiries or interviews. Don't miss an America Counts story! Subscribe here.

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