You know the drill. Women are facing greater retirement challenges than men: they live longer and so will need more money to see them through—especially because of the likelihood of their needing to spend more on health care—and they make less.
While they provide care to family members in need, by the time they hit retirement they’re much less likely to have anyone to provide care to them—hence the increased health care spending.
And they’re out of the job market for protracted periods of time because of having and raising children and/or providing care to ailing and elderly family members.
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