Gender Gap in Retirement

Gender Gap in Retirement

Core Facts

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There is no disputing the fact that men and women approach things differently. According to a recent study, however, there are many ways that men and women approach retirement differently, including the fact that men apparently find the transition into retirement a lot smoother. 

Emotion is another major difference in the process. Men generally feel an excitement for their “extended vacation” and working on their golf game, whereas women, being more practical, tend to focus their thoughts on the unknowns inherent in this change of lifestyle. 

This practical thought process is even more apparent when you consider the study that showed almost 60% of women had given serious thought to their retirement, as opposed to only 45% of men. 

How time is spent is another major difference. Men generally have expectations of spending time playing golf, fishing, and enjoying “me” time, whereas women report mostly that they expect to be spending time with or caring for family members. 

This phenomenon reaches far earlier than the actual retirement party, most notably in the way that men and women approach investing for retirement. Women are more likely to invest conservatively, with more than half saying that they aren’t willing to take risks with their money, but men are quite aggressive in comparison. 



Material contained in this article is provided for information purposes only and is not intended to be used in connection with the evaluation of any investments offered by David Lerner Associates, Inc. This material does not constitute an offer or recommendation to buy or sell securities and should not be considered in connection with the purchase or sale of securities. 

To the extent that this material concerns tax matters, it is not intended or written to be used, and cannot be used, by a taxpayer for the purpose of avoiding penalties that may be imposed by law. 

Each taxpayer should seek independent advice from a tax professional based on his or her individual circumstances.

These materials are provided for general information and educational purposes based upon publicly available information from sources believed to be reliable-- we cannot assure the accuracy or completeness of these materials. The information in these materials may change at any time and without notice.

David Lerner Associates does not provide tax or legal advice. The information presented here is not specific to any individual's personal circumstances. Member FINRA & SIPC


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Founded in 1976, David Lerner Associates is a privately-held broker/dealer with headquarters in Syosset, New York and branch offices in Westport, CT; Boca Raton, FL; Teaneck and Princeton, NJ; and White Plains, NY. For more information contact David Lerner Associates Call 516-921-4200 Visit our website:

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Jake Mendlinger
Account Manager
516.829.8374 X 232

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