The Financial Conduct Authority (FCA) should focus on plugging the support gap for those moving into retirement, Aegon pensions director Steven Cameron says.
How The Gender Income Gap Impacts Women s Retirement | Personal-finance omaha.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from omaha.com Daily Mail and Mail on Sunday newspapers.
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December 16, 2020 10:18 AM E. Napoletano - Forbes Advisor
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December 18, 2020 7:37 AM
It’s natural to have concerns about whether you’re saving enough for retirement. A report from the National Institute for Retirement Security (NIRS) finds that women, in particular, remain at a disadvantage with their retirement savings.
Women aged 65 or older have a median household retirement income of $47,244, only 83% of their male counterparts, who live in households with a median retirement income of $57,144, including Social Security, pensions, investment income and earnings. The study determined that several factors contribute to the gender income gap in retirement, including wage gaps throughout a woman’s career, divorce and caregiving responsibilities.
How The Gender Income Gap Impacts Women s Retirement | Personal Finance stltoday.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from stltoday.com Daily Mail and Mail on Sunday newspapers.