Nov 16, 2015

Chart: Who's Saving More For Retirement?

Answer: Women

From The Atlantic

A new white paper from Vanguard finds that not only are women overall 14 percent more likely than men to participate in workplace-savings plans, women are crushing men in participation rate at every income level. For women earning less than $100,000, the participation rate is 20 percent higher than that of men.

A natural follow-up question for your students is…Why?

——————–

Check out this NGPF Lesson on Saving For Retirement

 

 

 

 

 

 

 

 

 

About the Author

Tim Ranzetta

Tim's saving habits started at seven when a neighbor with a broken hip gave him a dog walking job. Her recovery, which took almost a year, resulted in Tim getting to know the bank tellers quite well (and accumulating a savings account balance of over $300!). His recent entrepreneurial adventures have included driving a shredding truck, analyzing executive compensation packages for Fortune 500 companies and helping families make better college financing decisions. After volunteering in 2010 to create and teach a personal finance program at Eastside College Prep in East Palo Alto, Tim saw firsthand the impact of an engaging and activity-based curriculum, which inspired him to start a new non-profit, Next Gen Personal Finance.

author image More by Tim right solid arrow
Mail Icon

Subscribe to the blog

Join the more than 12,000 teachers who get the NGPF daily blog delivered to their inbox:

SIGN UP