The 1 key area where women have better financial literacy
May 8, 2023 by Nathan Place
Research has shown that men outperform women on nearly every financial question — except how long they will live.
A study by the insurance company TIAA found that on average, women have significantly better longevity literacy than men, meaning they more accurately estimate their own lifespans. Though this knowledge is not inherently financial in nature, it is crucial to retirement planning, which involves building an income to last the rest of one’s life.
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Originally Posted at Financial Planning on May 4, 2023 by Nathan Place.
Categories: Industry Articles