Thursday, July 2, 2015

5 reasons the retirement crisis is worse for women than men

It often seems that nearly every day, there's a new report telling ushow woefully unprepared Americans are for retirement.

But dig a little deeper into the myriad studies, and another trend emerges: While both men and women lack retirement savings, the picture for women is far bleaker. The gap starts to develop early: A recent T. Rowe Price study of millennial workers found that women were less likely to put money into a 401(k), and those who did had smaller balances than men.


Damian J. Sylvia
Managing Partner
Retirement Income Solutions

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