Affluent Women Are More Concerned Than Affluent Men About Retirement, Recession

5/1/13

Women in households earning more than $250,000 a year are more likely than their male counterparts to have purchased luxury products or services in the past 12 months (59% vs. 54%), according to the Shullman Research Center.

Affluent women are more likely than their male counterparts to say they are concerned about having enough money saved to retire comfortably (45% vs. 35%) and whether the economy is going into recession (39% vs. 31%).

These women are less likely than men to be concerned over their own health (29% vs. 32%) or political gridlock in Washington, D.C. (24% vs. 35%). Similarly, women are less likely than men to say they are closely following the discussions in Washington, D.C., over the handling of the nation’s debt (57% vs. 79%).

If politicians agree to raise taxes, most affluent women (59%) will cut back on their spending.

Affluent men are more optimistic than affluent women about the economy’s recovery (46% vs. 21%). Men are more than four times as likely as women to say they plan to spend a lot more based on the assumption that the economy will improve (14% vs. 3%). 

SOURCE: Shullman Research Center, Bob Shullman, President, 1117 E. Putnam Ave., Greenwich, CT 06878; 203-990-0541; bob@shullman.net; www.shullman.net.

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