womenssavings
Investing, saving, and borrowing are the same for men and women, as well as the same rules for both. They may, however, be facing very different circumstances and making very different choices. Preparing for retirement is particularly challenging because of this divide. By the Numbers: Retirement Among WomenOver the course of their careers, women lose over $400,000 in retirement savings because they have approximately 30% less saved than men. You should consider retirement even if it seems a long way off and isn’t a top-of-mind priority. Retirement is, in any case, a topic you should not ignor...
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When it comes to retirement savings, women have been lagging behind men. Just how bad is it? In retirement, women are 80 percent more likely to live in poverty as compared with men, according to AARP. And, the pandemic has made this disparity even worse. According to an analysis from Age Wave and Edward Jones, the pandemic drastically altered the retirement plans of approximately 69 million Americans The report indicates that about 32% of Americans planning to retire will do so later than they originally imagined due to the pandemic. Only about 11% plan to retire sooner due to the crisis. Duri...
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