The income gender gap is well known. But did you know that the economic gap between men and women spills over into retirement?The largest segment of Americans living in poverty is elderly women. The gender gap in retirement income security is appallingly high, for several reasons. First, women earn about a third less than men make [...] [...more]
More than half of Americans expect to outlive their money, according to a new Gallup Poll. As a result, 45 percent said they would delay retirement in order to boost savings. Most worried were adults in their prime working years–between the ages of 30 and 64. Older people (65 and above) were less likely to [...] [...more]
Research by Ariel Mutual Funds and Charles Schwab shows a sizable gap in participation by African-Americans in wealth-building for retirement. Ariel President Mellody Hobson writes this week at Huffington Post about what she calls a “looming retirement crisis” in the African-American community: After struggling so long to join the middle class and fulfill the American dream, [...] [...more]
RetirementRevised.com is the companion website of Retire Smart, a column written by Mark Miller that appears in more than 30 newspapers each week. For millions of Baby Boomers, retirement is an opportunity for reinvention, rather than taking it easy. Mark is helping write the playbook for the new career and personal pursuits of a generation.
