Posted March 28, 2017
A 2016 Survey by GOBankingRates found that 56% of Americans have less than $10,000 saved for retirement. Scary stuff. Scarier still is that two-thirds of the women surveyed said they had no savings or less than $10,000 in retirement savings, compared with just over half of the men.
The reasons for these discrepancies are well-documented:
On average, a woman at age 65 can expect to live another 20 years, two years longer than a man the same age.* Living longer on less is a risky proposition, but this risk doesn’t have to define your future. Rather, use the information to inform the decisions you make, and the actions you take, today:
* US Department of Labor
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