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This is what women must do to overcome the retirement savings shortfall, says a financial pro – CNBC

The gender wage gap has remained remarkably stubborn for decades and, inevitably, becomes a significant shortfall at retirement.

In 2020, women made 83 cents for every dollar earned by men, according to the U.S. Census Burea…….

The gender wage gap has remained remarkably stubborn for decades and, inevitably, becomes a significant shortfall at retirement.

In 2020, women made 83 cents for every dollar earned by men, according to the U.S. Census Bureau. The gap persists despite women’s increasing levels of education and even widens among higher-income workers.

By the end of her career, a full-time working woman will have lost out on $417,400 of income, the Center for American Progress found.

Source: https://www.cnbc.com/2022/06/22/heres-how-women-can-overcome-the-retirement-savings-shortfall.html

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