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.
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.