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Women Face Greater Challenges in Saving for Retirement Due to Recession
While the recession has impacted most workers' outlook for retirement, women's outlook has fared worse, according to a recent survey.
The survey data highlights some areas of concern, including a number of life circumstances that present challenges with regards to saving adequately for retirement:
A longer life expectancy.
Different life priorities such as being a single parent or caregiver that may require time away from the workforce or part-time employment.
Lower median salary
To read the results of the survey (conducted by the Transamerica Center for Retirement Studies) click here