Fifty-five percent of men focus on planning their financial health at least once a week, compared to 42% of women, a survey by Genworth found. Nonetheless, more women than men believe financial well being is critical to maintaining a balanced life.
“We found it interesting that those who said they need financial well being to maintain a balanced life, particularly women, are less likely to spend time focusing on financial planning,” said Wendy Boglioli, a national spokesperson for Genworth. “Living well now and in retirement requires a balance between being both financially sound and physically fit. These factors are often overlooked due to busy lifestyles.”