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Women hit harder than men by retirement

Women still earn lower wages than men and are more likely to work part-time or take time off to care for their children, parents or disabled relatives, which can further lower their earnings.

By Paula Aven Gladych | Updated on March 27, 2014

Both men and women are facing a retirement crisis, but it disproportionately affects women, according to the Pension Rights Center.

The retirement income deficit is $6.6 trillion, which is the gap between what people have currently saved and what they will need to retire comfortably. Women continue to be hit the hardest, even though more women are working than ever before.

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