The bold headline: two-thirds (67%) of women are now investing savings they have outside of retirement accounts and emergency funds in the stock market, which represents a 50% increase from 2018, according to the research. What’s more, 52% are planning to create a financial plan to help them reach their goals within the next year.

This is noteworthy since women typically get the bad rap of being nervous and cautious investors, who probably would find investing in stocks uncomfortable. Women are also notorious for saying financial planning is boring, or they aren’t good with numbers. Neither which is true, but an excuse for not understanding investing terminology perhaps and being intimidated by the seemingly macho world of Wall Street.

The age brackets by generation for those investing outside of retirement account–a whopping 71% of female millennials—ages 25 to 40; 67% of Generation X—ages 41 to 56 and 62% of boomer women ages 57 to 75. All good numbers.

But as anyone who has been reading my column knows, this is the nugget that made a smile spread across my face: When women do invest, they see results: new scrutiny of more than 5 million Fidelity customers over the last 10 years finds that, on average, women outperformed their male counterparts by 40 basis points, or 0.4%. That’s not a heap mind you, but a win is a win.

I’ll take it.

“Over the last few years, we were already seeing an increasing number of women investing outside of retirement to grow their savings, but the pandemic really lit a fire under that momentum,” Kathleen Murphy, president of Personal Investing at Fidelity Investments, told me.

“It’s driven many to reflect and re-prioritize what’s most important and focus on making greater progress toward those goals. We’re seeing that motivation in the record numbers of women reaching out for financial planning help and opening new brokerage accounts, as well as advisory accounts.”

The data was drawn from a nationwide survey of 2,400 American adults (1,200 women and 1,200 men). All respondents were 21 years of age or older, had a personal income of at least $50,000 and were actively contributing to a workplace retirement savings plan, like a 401(k) or 403b. This survey was conducted in July 2021 by CMI Research, an independent research firm.

The overall findings are certainly promising.

Yet when you get into the weeds you find that only a third of women canvassed see themselves as investors, according to the study. Only 42% feel confident in their ability to save for retirement and a mere 33% say they feel confident in their ability to make investment decisions.

Most women (64%) say they would like to be “more active in their financial life, including making investing decisions,” but 70% believe they would have to learn about “picking individual stocks” to get started.

I like that awareness of the need to get educated. (One of my favorite authors for this topic is Jonathan Clements, the founder and editor of HumbleDollar and the author of many personal finance books, including From Here to Financial Happiness and How to Think About Money.)

As Fidelity’s Murphy mentioned: Half of the women say they are more interested in investing than they were at the start of the pandemic and want to learn more — not just about how to start investing — but how to evaluate and select different types of investments to align with specific goals, and how to manage an existing portfolio to ensure they are on track.

These findings are in step with what Catherine Collinson, chief executive and president of the nonprofit Transamerica Institute and Transamerica Center for Retirement Studies told me when I interviewed her for this column: What’s Behind the Surprising Gender Split for Boomers’ Retirement Saving?

Her firm also found that “early indicators are that the pandemic has prompted both men and women to engage in their finances and pore over their financial situation to a degree that they may not have previously.”

Finally, here’s the nagging fear many of us (me too) can relate to: 32% of women say not earning enough money keeps them up at night, according to the research. For 37%, it’s managing debt that’s their night sweat. And more than half of women say it’s worries about long-term finances that has them tossing and turning.

Age is an indicator of whether money woes keep us up at night, but not the way you might expect, or at least what I did. Overall, it’s the millennial women who are the most troubled when the light goes out: 77% say finances have kept them up at night as compared to 73% of Generation X and 59% of boomers.

Here’s to sweeter dreams ahead.

By Kerry Hannon

Kerry Hannon is a jobs expert, workplace futurist and strategist on entrepreneurship, personal finance, and retirement. Kerry is the author of more than a dozen books, including Great Pajama Jobs: Your Complete Guide to Working From Home, Never Too Old To Get Rich: The Entrepreneurs Guide To Starting a Business Mid-Life. Her forthcoming book is In Control at 50+: How to Succeed in The New World of Work. Follow her on Twitter @kerryhannon