Retirement: The Other Economic Gender Gap
Women lag behind men in building retirement assets. But the gap is starting to narrow, reports contributor Mark Miller.
Women lag behind men in building retirement assets. But the gap is starting to narrow, reports contributor Mark Miller.
The gender pay gap is a hot topic these days, but it's not the only economic gender gap. Women also are lagging behind men in building retirement security.
Lower pay translates into a gap for women in retirement security, reducing Social Security benefits, pensions, and retirement saving. At the same time, women enjoy greater longevity, which means resources often must be stretched over a longer retirement.