Reported 30 days ago
A survey from the Transamerica Center for Retirement Studies reveals that only 16% of women are 'very confident' in their retirement prospects, highlighting ongoing challenges such as the gender pay gap and caregiving responsibilities that hinder their financial security. Many women fear outliving their savings and are concerned about the future of Social Security. Despite a high priority placed on saving for retirement, the lack of confidence and security calls for reforms from policymakers, improved employer practices, and proactive financial planning by women.
Source: YAHOO