Male and female participants in MassMutual’s retirement savings plans had about the same among of their retirement assets in asset allocation options in the fourth quarter of 2010—24.3% for women and 24.0% for men. However, nearly all of the women’s allocation was to target-date funds, while the men had half their assets in target-date funds and half in risk-based options.

MassMutual said that this could be because women realize the need for better diversification and men are typically more aggressive investors who like to have control over their investments.

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