Women's Retirement Gap: Save Early, Work Longer

Womens retirement savings fall short, with 27% of Gen X and 19% of baby boomer women having less than $25,000 saved. Men have higher savings across generations, and womens longer life expectancy exacerbates the issue. The gender pay gap, career breaks, and limited access to employer plans contribute to the savings gap. To close it, women should start saving early, work longer, and delay Social Security benefits.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.