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Why It’s Harder for Women to Save for Retirement
When Vadaire James was in her early 20s, her mom sat her down to have “the talk,” not about sex, but about saving for retirement. James says she didn’t listen to her mother’s advice. Now 40, James wishes she had. After working a variety of jobs, she has a lot of experience but little savings….A recent survey found that only about half of women have put money aside to retire, compared to 65 percent of men. And while the average savings for women is $35,000, for men it’s more than twice that. Read More…
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