While the poor retirement preparedness of U.S. workers in general is common knowledge, there are special challenges facing women, minorities and millennials.
That’s according to a white paper from the Washington, D.C.-based Financial Services Roundtable, which pointed out that while “[w]omen comprise 47 percent of the labor force in America, and women over 25 are nearly as likely to have earned a bachelor’s degree as men — 29.6 percent of women compared to 30.4 percent of men” — that’s not an indication of parity in pay, with women’s median weekly earnings for full-time wages and salaries only amount to approximately 81 percent of what men make.
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