Indian society, in the last two decades, has witnessed substantial structural changes. The family patterns, lifestyles and economic status have undergone sea changes. Joint families are substituted with nuclear family structures. Additionally, the trend of senior citizens being left on their own with nobody to look after is on rise. It is also gathered that all government as well as private sector jobs today are without pensions. This would obviously, make the population vulnerable when it moves in the senior citizen bracket. On the other hand, the life span is increasing, thanks to medical advancements. The working hands in India are now witnessing structural change with rising percentage of female hands. The women workforce in India is also on a spree of expansion. In wake of these facts, the researcher felt it necessary to probe into the issue of retirement readiness among the women workforce. The millenials are set to retire within next 25-30 years. The future beyond these three decades can be secured only through proper financial planning for retirement. Hence this study is undertaken to understand the need and significance of financial planning for retirement and to identify the extent to which the women workforce is preparing itself for it. This research paper attempts to study the extent of financial awareness and attitude of millennial women towards retirement products, in the state of Maharashtra. The paper concludes with an emphasis on financially educated women for financial well-being.