Why We Might Have to Save More Money Than Men

Thought we’d share this fascinating article from the Merrill Edge blogs. It’s titled Why Women Need to Save More for Retirement Than Men.

It offers some interesting ideas. This one’s a particularly thought-provoking one:

While there is clearly a gender gap in earnings, data from the Bureau of Labor Statistics has shown improvements in women’s earnings. Higher earnings for women could mean the potential for more investments.
Nonetheless, the bottom line is that in order to make up for differences in earnings and benefits, and more retirement years due to longer life spans, women may have to invest more.

To find out more about these ideas, look into the rest of this insightful piece.

Read the source article at Merrill Edge