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Pandemic Widens Retirement Planning Gender Gap


Pandemic Widens Retirement Planning Gender Gap
GOBankingRates
1/27/2021
© Ridofranz / Getty Images/iStockphoto
Focused old woman with white hair at home using laptop.
“Women are concerned about the impact of the COVID-19 pandemic on their finances and the resulting uncertainty can make planning for the future and their retirement more difficult,” Ann Bair, senior vice president of marketing for Nationwide Financial, said in a statement about the Nationwide survey. “For several consecutive years, our Advisor Authority study has revealed the disconnect between women’s growing concerns about their ability to retire and their level of preparation and the pandemic has taken this to new levels,” Blair said. “While women are acutely aware of the challenges they face, it’s critical that they take steps now to address gaps in their retirement plan, especially as we start a new year.” ....

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