Are Younger Generations of Women Prepared for Retirement?

Abstract: We describe changes in the financial circumstances of women over time, focusing on employment, income and wealth. Beginning with the 1920 birth cohort, we show that women's income grew for several successive cohorts, then entered a period of stability. However, there has been no such growth in wealth. This suggests that younger generations of women may not be any better prepared for retirement than their predecessors.

Keywords: women; income; wealth; retirement;

Access Documents

File(s): File format is text/html
Description: Briefing


Bibliographic Information

Provider: Federal Reserve Bank of Richmond

Part of Series: Richmond Fed Economic Brief

Publication Date: 2024-05

Volume: 24

Issue: 17