The Gender Wage Gap Screws Women All The Way To Retirement

When men and women’s incomes and retirement savings are stacked up against their projected health care costs and life expectancies, women are much farther behind men. At the same time, women will end up needing to make their money stretch further.

A new report from Financial Finesse found that both genders won’t have enough to replace at least 70 percent of their income in retirement. But 45-year-old men today who will retire at age 65 will fall $212,256 short, while women will be behind by $268,404.