Women Have Less Secure Retirement, Following Lives Filled With Discrimination And Risks

Women face a vastly more insecure retirement than men, a new report co-authored by Joelle Saad-Lessler, Tyler Bond and myself shows. They have fewer opportunities to save for retirement during their careers. They earn lower wages in part because of discrimination, structural barriers and more economic risks, especially from divorce and caregiving, during their working lives. They then enter retirement with fewer savings, while still facing added economic risks such as longer life expectancies.