At a Glance | September 29, 2022 Unmarried Women Are Less Confident About Living Comfortably in Retirement The 2022 Retirement Confidence Survey looked at American worker and retiree attitudes toward their retirement. We review the findings for women in the workplace by marital status. A SSE T S A ND DEBT Current Assets Reported Level of Debt Women who are divorced or never married are more likely $ $ $$ $$$ !!! !! — to have lower levels of financial Marital Status of $25k— $100k— Major Minor Not a Women Workers <$25k $100k $250k >$250k Problem Problem Problem assets than married women. Never Married As for debt, married women 56% 20% 13% 11% 29% 41% 30% workers are the most Divorced likely to consider debt not 58% 15% 9% 17% 20% 43% 37% a problem. Married 27% 18% 17% 37% 16% 38% 47% EMERGENCY FUNDS Do you feel you have enough savings for an emergency or sudden large expense? Unmarried women workers 71% are less likely to feel they can Unmarried cover an emergency expense 51% Feel prepared for an compared with married women 42% emergency or sudden workers. large expense Never Married Divorced Married RETIREMENT PREPAREDNESS Confidence in Having Enough Money to Live Comfortably Throughout Retirement, by Marital Status Unmarried women are more than twice as likely to report feeling unprepared for Unmarried retirement as married women. Not confident they’ll 55% 51% Married women workers are have enough money far more likely to say they to live comfortably are confident they will have throughout retirement enough money to live 22% comfortably throughout their retirement years. Never Married Divorced Married SOURCE: Copeland, Craig, “The Perfect Storm — Factors Contributing to Lower Retirement Confidence Among Women Who Are Not Married,” EBRI Issue Brief, no. 567 (September 1, 2022). © 2022 EBRI This report is copyrighted by the Employee Benefit Research Institute (EBRI). You may copy, print, or download this report solely for personal and noncommercial use, provided that all hard copies retain any and all copyright and other applicable notices contained therein, and you may cite or quote small portions of the report provided that you do so verbatim and with proper citation. Any use beyond the scope of the foregoing requires EBRI’s prior express permission. For permissions, please contact EBRI at permissions@ebri.org.