Tag: marriage and retirement savings
The brief’s key findings are: Women are spending a growing share of their lives single, so it is useful to consider how their marital history affects their retirement preparedness. While married women have much higher household earnings and wealth, they are more at risk of failing to maintain their standard of living in retirement. This…
The Center for Retirement Research just published a second study on how family circumstances affect contributions to 401(k) plans. The first, as reported a few weeks ago, showed that a 401(k) contributor in a two-earner couple with only one saver did not save more to compensate for the fact that his or her spouse did…