Are Younger Generations of Women Prepared for Retirement?

John Jones, Yue Li and Urvi Neelakantan

Richmond Fed Economic Brief, 2024, vol. 24, issue 17

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 (search for similar items in EconPapers)
Date: 2024
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