Diane Garnick

How does the Gender Retirement Gap influence your financial plan?

 
Many people save for retirement through their employer, who in turn applies gender-neutral saving rates, investment choices, and spending strategies in retirement. Intuitively this creates a sense of fairness, but this intuition masks the reality that many women face. Lifetime earnings and spending in retirement are anything but average for women. Consequently, the challenges women face are arguably greater than those confronted by men.
Many people save for retirement through their employer, who in turn applies gender-neutral saving rates, investment choices, and spending strategies in retirement. Intuitively this creates a sense of fairness, but this intuition masks the reality that many women face. Lifetime earnings and spending in retirement are anything but average for women. Consequently, the challenges women face are arguably greater than those confronted by men.
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