bicmay,
@bicmay@med-mastodon.com avatar

"Women live almost six years longer than men, on average, to age 79 versus 73½ years old, respectively...This means women must spread their income over a longer time in retirement, raising the odds they’ll run out of money...Women also often put aside less savings relative to men, both because their average earnings at work are lower and they may have taken time off to care for kids or an aging parent..."

https://www.cnbc.com/2024/03/15/why-longevity-makes-social-security-so-important-for-women.html

#economics #personalfinance #women

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