By Fran Troskie, Investment Research Analyst, RisCura.
Women, on average, live five years longer than men. This means their retirement savings need to last them – on average – five years longer. It’s an important message that doesn’t seem to have hit home yet: women need to save more for retirement than men do. And, given the societal and workplace challenges women face, it usually also means they need to start saving at higher contribution rates earlier than men do. (more…)
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