Married Men Save More, Single Women Less: Retirement Wealth Insights
Update: 2025-12-19
Description
A recent study reveals that married men tend to save the most for retirement, while single women generally have less wealth. However, single individuals without marriage plans who start saving early and remain consistent can build significant wealth. Couples have more than double the wealth of single individuals. Post-retirement wealth decreases modestly due to continued saving for medical expenses and legacy planning. Starting early, being aggressive with investments early on, automating savings, and maximizing tax-advantaged accounts are effective strategies for building retirement wealth. Consider seeking a financial planner for guidance.
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