This summary presents key findings from the 2015 Fidelity Investments Money FIT Women Study. The study was designed to measure how women view and address their finances, including the obstacles that may hold them back from being more engaged, and incentives that would encourage them to take action

Key Findings:
Women are eager for information about financial planning and investing

  • 92%of women want to learn more about financial planning
  • 75%want to learn more about money and investing
  • 83%want to get more involved in their finances within the next year

 Yet a majority of women hold back when it comes to talking about money; eight in 10 women confess they have refrained from discussing their finances with those they are close to

  • Only47% of women say they would be confident discussing money and investing with a financial professional on their own

Confidence is a leading factor holding women back; 60% worry about not having enough money to last through retirement

  • Lack of financial knowledge and experience, and not knowing where to turn for guidance among leading reasons
  • There is a significant missed opportunity in the workplace. Among women who are offered retirement guidance through their employer, 65% do not take advantage of it.

Read the full study by Fidelity Investments Women fit money study 2015