Jun 23

Frugally Female: Retired Women Do ‘Little Things’ to Save Money

Tag: Retirement PlanningByron Udell @ 11:14 am

According to a recent poll conducted by Thrivent Financial for Lutherans, retired American females are more frugal than their male counterparts.

The poll found that retired females are more likely than their male counterparts to take practical steps to save money compared to their pre-retirement lifestyles:

  • Forty-four percent of retired females said they are giving fewer or smaller gifts to family members in retirement compared to 29 percent of males.
  • Forty-two percent of retired females said they are shopping more with coupons or at sales in retirement compared to 28 percent of retired males.
  • Thirty-five percent of retired females said they are eating out less often or at less expensive restaurants in retirement compared to 29 percent of retired males.
  • Twenty percent of retired females said they are living in a smaller house in retirement compared to 16 percent of retired males.
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