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Women’s Retirement Savings by Age in 2025: Are You Ahead or Behind?

Women are saving less for retirement than men — and the gap could impact their future. A new Transamerica Center for Retirement Studies survey found that the median total savings women have in household retirement accounts is $56,000 — almost half of men’s $92,000. But the median savings vary widely by age. Find Out: Retirement Net Worth: How Your Savings Compare to the Average Retiree Read Next: 5 Clever Ways Retirees Are Earning Up To $1K Per Month From Home Here’s how much women in each generation have saved and what you can do to boost your nest egg. Baby…

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A Focus On Your Money

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How Much Cash Women Really Have Saved — and Why It Falls Short

More than 1 in 5 women have no cash savings at all — and even those who do may not have enough. A recent Fidelity study found that women have an average of $54,000 saved, compared to $62,000 for men. But with rising costs, economic uncertainty and the gender pay gap, that cushion might not go as far as you think. Read Next: 6 Things You Must Do When Your Savings Reach $50,000 Be Aware: 4 Surprising Things That Could Impact Your Wallet If a Recession Hits In this “Financially Savvy Female” column, we’re chatting with Alex Roca, host of…

By Gabrielle Olya
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4 Smart Ways Women Are Living Frugally Amid Inflation in 2025

With inflation, tariffs and rising costs reshaping everyday life in the U.S., many women are rethinking how they spend and save. A recent Fidelity study found that 79% of women changed at least one financial habit in the past year to cope with economic uncertainty. Many have embraced frugality and are cutting back in several ways: 42% reduced spending on nonessential activities and entertainment, 36% reduced common everyday expenses, 34% saved more, and 30% reduced spending on travel or vacations. Find Out: 8 Smart Ways Frugal People Are Living Like There’s Already a Recession Read Next: 6 Safe Accounts Proven…
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5 Powerful Ways Women Are Using Wealth From the Great Transfer

The “Great Wealth Transfer” — the transfer of $124 trillion in assets to heirs through 2048 — is underway, and many women are already benefiting from it. A new J.P. Morgan study found that 63% of women respondents ages 61-plus have received an inheritance, and 45% of Gen X women and 39% of Gen Z and millennial women expect to receive one. Find Out: Avoid These 4 Common Mistakes When You Get Rich Overnight Read Next: 6 Subtly Genius Moves All Wealthy People Make With Their Money The study also asked women who have already received an inheritance what they…

Men Wait, Women Don’t: Who’s Right About This Financial Tactic?

Women are more willing than men to seek financial advice when they are earning less money and have fewer assets, a recent GOBankingRates survey found. According to the survey, 38% of women believe it’s worth seeking professional financial advice even if you earn less than $50,000, while only 27% of men agree. In addition, 23% of women would consider paying for financial advice with less than $1,000 in savings and investments, while only 13% of men would pay for advice at this threshold. But who is right? In this “Financially Savvy Female” column, GOBankingRates spoke with Kelly Regan, CFP, vice…

Women and the Workplace

This One Common Mistake Can Cost Women $1.5 Million Over Their Lifetimes

When you’re just starting out in the working world, you may not feel comfortable negotiating your starting salary — but this can be a costly mistake. Research shows that not negotiating a salary at the beginning of your career can add up to between $1 million and $1.5 million in lost earnings over a lifetime. And this loss of potential income particularly effects women — a study of graduating university students found that only 7% of female students attempted to negotiate an initial job offer compared to 57% of men. Find Out: Suze Orman Says If You’re Doing This, You’re…

By Gabrielle Olya

This Is the Salary Women Say They Need To Be Happy

When asked about the salary needed to be happy, women are more likely to be content with less. A recent GOBankingRates survey found that 30% of women would be happy making $50,000 or less versus 25% of men. Additionally, just under half of all women (49%) would be happy making $65,000 or less. In this “Financially Savvy Female” column, we’re chatting with experts about the salary women actually need to be happy, and why women tend to have a lower threshold for happiness when it comes to income. Read Next: 12 Key Ways the Rich Multiply Their WealthFor You: 6…
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Women Are Less Likely To Use AI in Their Careers: 2 Ways To Use It Now

Artificial intelligence can be an invaluable tool for your career growth when used correctly, but many women seem hesitant to embrace this new technology. A recent FlexJobs survey found that more than half of men (54%) are using AI in either or both their personal and professional lives, while only about one-third of women (35%) are currently using AI. In addition, 60% of men said they either already have or are considering using AI for job applications, but only 46% of women said the same, and 21% of men have used AI tools on their job applications, while 15% of…

2 Factors Stopping Women From Climbing the Career Ladder

The number of women in leadership positions in the American workforce has increased by just 1% in the past six years, from 36% in 2016 to 37% in 2022, a recent LinkedIn analysis found. The analysis also found that women are less likely to make the climb from entry-level roles to leadership positions, even in fields where they hold the majority of positions, like hospitality and administrative services. Suze Orman: 8 Urgent Tips for Surviving the Looming Recession Learn: How To Build a Financial Plan From Zero So what’s holding women back? The analysis posits that two major factors are…

Relationships, Family & Finances

Newly Married? Here’s How To Build Wealth as a Couple

We’re currently in the midst of wedding season, which means many couples will be saying their “I dos” and officially merging their lives together. This also means that many couples will be navigating their finances together for the first time. Having frank conversations about money and wealth-building strategies early on can help couples navigate financial highs and lows down the line. See Our List: 100 Most Influential Money ExpertsRead: How To Build Your Savings From Scratch In this “Financially Savvy Female” column, we’re chatting with Cindy Scott, CFP with Schwab Intelligent Portfolios Premium, about how newly married couples can work together to…

By Gabrielle Olya

Why Dating Your Financial Opposite Could Be a Good Thing

We all know that opposites attract, but we usually think of this as a bad thing when it comes to financial opposites. However, this isn’t necessarily the case — a saver and a spender could make for great partners if they use their differences to their advantage. Discover: 11 Grocery Items To Buy at Dollar TreeFICO Figures: 3 Signs You’re Serious About Raising Your Credit Score In this “Financially Savvy Female” column, we’re chatting with Lindsay Bryan-Podvin, a certified financial therapist and a partner with MetLife’s financial wellness app Upwise, about why dating your financial opposite could actually be a good thing. What are…

Money Questions To Ask Your Partner

In this “Financially Savvy Female” column, we chat with YouTube creator and financial expert Aja Dang about the money questions women should be asking their partners and why asking these questions is so important. Talking about money can be awkward, and it can be an uncomfortable topic to broach for the first time when you’re in a relationship. But making sure you and your partner are aligned when it comes to your attitudes about money and financial plans is important for the long term, so these are conversations you shouldn’t be putting off. See: 5 Kitchen Appliances That Just Aren’t…
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Here’s How Much You Need To Budget for Child Care

Having children is a magical and rewarding experience. However, parenthood is not all rainbows and sunshine — it comes with significant financial responsibilities. Student Loan Forgiveness: Is a ‘Forever’ Payment Pause Possible? FICO Figures: 3 Signs You’re Serious About Raising Your Credit Score One of the biggest expenses parents have to budget for is child care, which includes daycare, nannies and babysitters. Knowing how much to budget for these costs can help make parenting easier on your wallet.  Why Is Child Care Becoming More Expensive? According to a recent survey by Care.com, 63% of parents report child care has become…

The State of Women & Money

What Is the State of Women & Money?

Women have been making major strides in the world of personal finance. A recent LendingTree analysis found that single women now own more homes than single men. And Fortune reported that women CEOs now run more than 10% of the Fortune 500 companies. Still, the gender pay gap persists and women continue to be less likely to invest than men — even though data has shown that they tend to be better investors. To get a complete look at women’s financial standing in 2024, GOBankingRates surveyed over 1,000 American adults who identify as female about their financial obstacles and goals,…

By Gabrielle Olya

These Are the 4 Top Money Stressors for Women

GOBankingRates’ 2023 Women & Money survey asked over 1,000 American women about their biggest sources of financial worry and stress — and the No. 1 stressor wasn’t saving for retirement or paying for emergencies, but merely having enough money to get by on a day-to-day basis. Find Out: Why Stealth Wealth Is the Best Way To Handle Your MoneySee: How To Guard Your Wealth From a Potential Banking Crisis With Gold In this “Financially Savvy Female” column, we’re exploring all of the top money stressors women face. We also chatted with Lisa Jones, managing director and financial advisor at Prime…

Impulse Shopping, Food Delivery & More: Young Women’s Worst Habits

Would you be able to guess what women say are their worst money habits? Key findings in GOBankingRates’ women and finances 2023 survey highlight financial habits that women said rank among their worst. Let’s take a closer look at the money habits that top their lists, especially among young women, and tips for how women can break free of these habits. Do You Have a Money Question? Ask an ExpertDiscover: 3 Ways to Recession Proof Your Retirement Here are the bad money habits topping the list for young women’s worst financial foes. Which Money Habits Do Women Consider Their Worst?…

1 in 3 Women Avoids Their Finances: Why This Is a Mistake

How would you describe your relationship with money? In GOBankingRates’ women and finances 2023 survey, key findings revealed nearly one in three women avoids thinking about or dealing with their finances. Thinking about personal finance may not be as enjoyable as taking a vacation or enjoying a spa day, but it’s necessary in order for women to establish a healthy relationship with money. Let’s look at why it’s a huge mistake for women to avoid thinking about finance and what they can do to make it easier to manage their finances. Do You Have a Money Question? Ask an ExpertMore:…

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More From the Financially Savvy Female

financially savvy female time iStock_1165467674

Women’s Retirement Savings by Age in 2025: Are You Ahead or Behind?

person putting coins in a piggy bank

How Much Cash Women Really Have Saved — and Why It Falls Short

a blue piggy bank, coins, and a calculator sitting on a pink background that also says the financially savvy female

4 Smart Ways Women Are Living Frugally Amid Inflation in 2025

financially savvy female money pink background with coins falling

JP Morgan: 5 Powerful Ways Women Are Using Wealth From the Great Transfer

Additional Resources

Retirement at Every Budget

No matter how much you have saved up or plan to spend each month, get the latest tips and guidance on how you can make your money last.

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Protect your finances from fraud, scams and identity theft. Discover tips and advice designed to prepare you for red flags that pop up when dealing with different financial situations.

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