Despite making enormous strides professionally and financially, almost half of American women fear becoming bag ladies, even many of those earning six-figure salaries, according to a new survey.
Six in 10 women describe themselves as the primary breadwinners in their households, and 54% manage the family finances, according to the poll by Allianz Life Insurance Company of North America.
Even so, 49% fear becoming a bag lady -- a homeless woman who wanders the streets of a city lugging her meager belongings in a shopping bag.
Most surprising, 27% of women earning more than $200,000 a year said they fear falling into such destitution.
Such concerns were most pronounced among single women (56%), divorcees (54%) and widows (47%). But even 43% of married women harbor such fears, according to the study.
Allianz polled more than 2,200 women aged 25 to 75 with minimum household income of $30,000 a year.
The study points up the conflicting emotions of American women toward money, and the disconnect among some between their generally promising financial reality and their deep-seated financial fears.
Six in 10 women describe themselves as the primary breadwinners in their households, and 54% manage the family finances, according to the poll by Allianz Life Insurance Company of North America.
Even so, 49% fear becoming a bag lady -- a homeless woman who wanders the streets of a city lugging her meager belongings in a shopping bag.
Most surprising, 27% of women earning more than $200,000 a year said they fear falling into such destitution.
Such concerns were most pronounced among single women (56%), divorcees (54%) and widows (47%). But even 43% of married women harbor such fears, according to the study.
Allianz polled more than 2,200 women aged 25 to 75 with minimum household income of $30,000 a year.
The study points up the conflicting emotions of American women toward money, and the disconnect among some between their generally promising financial reality and their deep-seated financial fears.
