Thursday, November 03, 2005

 

Should Women Save More for Retirement Than Men?

The statistics, if taken alone, can be a little depressing -- for both men and women. In the United States, on average, women live to the age of 80 years and men live to the age of 74. Women earn 73 cents for every dollar earned by men. In addition, during the course of their lives, men will be out of the work force for about 16 months, but women will be on hiatus for 11-plus years on average, because of responsibilities for child rearing and caregiving for elderly parents.

Should Women Save More for Retirement Than Men?
Source: BankRate

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